Investor Relations

KPJ Healthcare Berhad (KPJ) is one of the leading private healthcare providers in the region with a network of 29 hospitals in Malaysia, 1 hospital in Thailand, 1 hospital in Bangladesh and 4 retirement and aged care facilities in Kuala Lumpur, Sibu, Pahang and in Brisbane, Australia. With more than 3,500 operating beds, KPJ hospitals offer a comprehensive range of specialist medical services that treated more than 3 million patients in 2022.

Bursa Announcements

Proposals

BackNov 18, 2009
Date Announced
:
18/11/2009  



Type
:
Announcement
Subject
:
KPJ HEALTHCARE BERHAD (“KPJ” OR “COMPANY”)
- PROPOSALS

Contents
:
- PROPOSED SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY EXISTING ONE (1) ORDINARY SHARE OF RM1.00 EACH IN KPJ INTO TWO (2) ORDINARY SHARES OF RM0.50 EACH (“SHARES”) IN KPJ HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED SHARE SPLIT”);

- PROPOSED BONUS ISSUE OF UP TO 105,525,308 NEW SHARES (“BONUS SHARES”), TO BE CREDITED AS FULLY-PAID UP BY THE COMPANY, ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AFTER THE PROPOSED SHARE SPLIT ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE”); AND

- PROPOSED ISSUE OF UP TO 131,906,635 FREE WARRANTS IN KPJ (“FREE WARRANTS”) ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY FOUR (4) SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AFTER THE PROPOSED SHARE SPLIT AND PROPOSED BONUS ISSUE ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED FREE WARRANTS ISSUE”).

THE PROPOSED SHARE SPLIT, PROPOSED BONUS ISSUE AND PROPOSED FREE WARRANTS ISSUE SHALL COLLECTIVELY BE REFERRED TO AS “PROPOSALS”.

Announcement Details :

This announcement is dated 18 November 2009.

Reference is made to the Company’s announcements dated 1 October 2009, 6 October 2009 and 30 October 2009 in relation to the Proposals.

On behalf of the Board of Directors of KPJ, AmInvestment Bank Berhad (a member of AmInvestment Bank Group) wishes to announce that Bursa Malaysia Securities Berhad has vide its letter dated 13 November 2009 (received on 16 November 2009) approved the application for the Proposals.

The Proposals are now subject to the approval of the shareholders of KPJ at an extraordinary general meeting to be convened.