21 JANUARY 2015
The Penawar Case
The Appellant’s Application for Leave to appeal to the Federal
Court was fixed for hearing on 28 May 2015.
27 FEBRUARY 2015
Pursuant to Paragraph 6.43(1) of the Main Market Listing
Requirements, the effective date for the ESOS Scheme and
Restricted Issue via Section 132D of the Companies Act 1965
was fixed on 27 February 2015 at the issue price of RM3.64
per share.
The issue price represents a discount of approximately ten
percent (10%) or RM0.404 to the five-day volume weighted
average market price of KPJ shares up to and including 26
February 2015 of RM4.04, being the market day immediately
preceding the price-fixing date.
The five-year ESOS Scheme of up to 10% of the issued and
paid-up share capital of KPJ was offered to all eligible directors
and employees. They were allowed to subscribe for new
ordinary shares at RM0.50 each in KPJ.
The Restricted Issue via Section 132D of the Companies Act,
1965 of up to 28,000,000 new ordinary shares at RM0.50
each in KPJ was offered to selected resident consultants of
KPJ (the Restricted Issue exercise was completed on 13 March
2015).
19 MARCH 2015
KPJ, through its wholly-owned subsidiary Seremban Specialist
Hospital Sdn Bhd (SSHSB), entered into a Sales and Purchase
Agreement (SPA) with AmanahRaya Trustess Berhad on behalf
of Al-‘Aqar Healthcare REIT, to dispose a parcel of freehold
land in Seremban, Negeri Sembilan for RM4.25 million.
Upon completion of the disposal, SSHSB will enter into a lease
agreement based on the terms and conditions agreed with
Al-‘Aqar.
31 MARCH 2015
KPJ, through its wholly-owned subsidiary Kumpulan Perubatan
(Johor) Sdn Bhd (“KPJSB”), proposed to acquire the entire
equity interests in Crossborder Hall (M) Sdn Bhd and
Crossborder Aim (M) Sdn Bhd, the wholly-owned subsidiaries
of Al-‘Aqar Healthcare REIT, for RM4.718 million cash.
16 APRIL 2015
Point Zone Sdn Bhd, a wholly-owned subsidiary of KPJ made
its first issuance of RM800 million Islamic Medium Term
Notes.
Proceeds raised will be utilised for Syariah-compliant purposes,
including to refinance its existing outstanding facilities and
finance the working capital requirements of KPJ Group’s
healthcare and healthcare-related businesses.
20 APRIL 2015
KPJ, through its wholly-owned subsidiary Puteri Specialist
Hospital (Johor) Sdn Bhd (“PSHSB”) entered into a supplemental
lease agreement with Amanah Raya Trustee Berhad together
with Damansara REIT Managers Sdn Bhd, on behalf of Al-‘Aqar
Healthcare REIT, for the lease of the PSHSB Land by Al-‘Aqar
to PSHSB.
28 MAY 2015
The Penawar Case
The Federal Court unanimously dismissed the Application for
Leave to appeal from the Applicants against the decision of
the Court of Appeal dated 12 December 2013 with cost of
RM20,000 and ordered that the deposit to be refunded to the
Respondent.
Accordingly, the decision of the Court of Appeal is maintained
in that KPJ has successfully defended the Suit and the claim
filed against it by Dr Mohd Adnan bin Sulaiman and Azizan bin
Sulaiman. This marked the conclusion of the legal proceedings
of the Penawar Case.
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CORPORATE DEVELOPMENTS
AND ANNOUNCEMENTS
