199201015575 (247079-M)
General Announcement |
Reference No MM-070921-52689 |
Submitting Merchant Bank |
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AMINVESTMENT BANK BERHAD |
Company Name |
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KPJ HEALTHCARE BERHAD |
Stock Name |
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KPJ |
Date Announced |
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21/09/2007 |
Type | : | Announcement |
Subject | : | KPJ HEALTHCARE BERHAD ("KPJ" OR "THE COMPANY') - PROPOSED DISPOSALS BY THE SUBSIDIARY AND ASSOCIATED COMPANIES OF KPJ OF THEIR ENTIRE INTEREST IN PERDANA SPECIALIST HOSPITAL BUILDING, KUANTAN SPECIALIST HOSPITAL BUILDING, SENTOSA MEDICAL CENTRE BUILDING, KPJ KAJANG SPECIALIST HOSPITAL BUILDING AND KEDAH MEDICAL CENTRE BUILDING (COLLECTIVELY KNOWN AS THE "PROPERTIES") TO AL-‘AQAR KPJ REIT FOR A TOTAL SALE CONSIDERATION OF RM170,040,000 TO BE SATISFIED PARTLY BY CASH CONSIDERATION OF RM85,755,050 AND PARTLY BY ISSUANCE OF 88,721,000 NEW UNITS IN AL-‘AQAR KPJ REIT ("UNITS") AT AN ISSUE PRICE OF RM0.95 PER UNIT TO BE CREDITED AS FULLY PAID-UP ("PROPOSED DISPOSALS"); AND - PROPOSED DISTRIBUTION OF THE INVESTMENT IN UNITS HELD BY KPJ TO THE SHAREHOLDERS OF KPJ ON THE BASIS OF SEVEN (7) UNITS IN AL-‘AQAR KPJ REIT FOR EVERY HUNDRED (100) ORDINARY SHARES OF RM1.00 EACH HELD IN KPJ BY WAY OF A DIVIDEND-IN-SPECIE ("PROPOSED DISTRIBUTION") |
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