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

KPJ Healthcare Berhad ("KPJ" Or The "Company")

BackMar 09, 2010

Date Announced

09/03/2010

Type

Announcement

Subject

KPJ HEALTHCARE BERHAD (“KPJ” OR THE “COMPANY”)

Contents

PROPOSED DISPOSALS BY KPJ AND THE SUBSIDIARIES OF KPJ OF THEIR INTEREST IN:-

- RUMAH SAKIT BUMI SERPONG DAMAI (“RSBSD”) BUILDING
- KLUANG UTAMA SPECIALIST HOSPITAL BUILDING
- BANDAR BARU KLANG SPECIALIST HOSPITAL BUILDING

(COLLECTIVELY KNOWN AS THE “PROPERTIES”, OR SINGLY, THE “PROPERTY”)

TO AL-`AQAR KPJ REIT (“AL-`AQAR”) FOR A TOTAL SALE CONSIDERATION OF RM138,770,000 TO BE SATISFIED PARTLY BY CASH CONSIDERATION OF RM83,261,820 AND RM55,508,180 BY THE ISSUANCE OF 56,641,000 NEW UNITS IN AL-`AQAR AT AN ISSUE PRICE OF RM0.98 PER UNIT (“PROPOSED DISPOSALS”)

Announcement Details :

This announcement is dated 9 March 2010.

On behalf of the Board of Directors of KPJ, AmInvestment Bank Berhad (“AmInvestment Bank”), a member of AmInvestment Bank Group, wishes to announce that the subsidiaries of KPJ, namely PT KPJ Medica, a 75%-owned subsidiary of KPJ, Pusat Pakar Kluang Utama Sdn. Bhd. (“PPKUSB”) and Bandar Baru Klang Specialist Hospital Sdn Bhd (formerly known as Ipoh Radiotherapy Sdn Bhd) (“BBKSHSB”), both wholly-owned subsidiaries of KPJ (collectively referred to as the “Vendors” or singly, the “Vendor”) are proposing to dispose of their entire interest in the Properties to Al-`Aqar.

Please refer to the attachment for more details.

Attachments

KPJ090310.pdf (Size: 92,407 bytes)