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

Acquisition By Kumpulan Perubatan (Johor) Sdn. Bhd. ("KPJSB"), a Wholly-owned Subsidiary of KPJ of 40,800,000 Ordinary Shares of RM1.00 Each, Representing 51% Equity Interest In SMC Healthcare Sdn Bhd ("SMCH") From Sabah Medical Centre Sdn Bhd ("SMC") For A Cash Consideration Of RM51,000,000 ("Proposed Acquisition")

BackApr 16, 2010
Date Announced
:
16/04/2010  




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

ACQUISITION BY KUMPULAN PERUBATAN (JOHOR) SDN. BHD. (“KPJSB”), A WHOLLY-OWNED SUBSIDIARY OF KPJ OF 40,800,000 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING 51% EQUITY INTEREST IN SMC HEALTHCARE SDN BHD (“SMCH”) FROM SABAH MEDICAL CENTRE SDN BHD (“SMC”) FOR A CASH CONSIDERATION OF RM51,000,000 (“PROPOSED ACQUISITION”)

Contents
:
This announcement is dated 16 April 2010.

We refer to the announcement made on 6 January 2010 in relation to the Proposed Acquisition.

The Company wishes to announce that the parties to the Agreements have mutually agreed to extend the period for the fulfillment of the conditions precedent in respect of the SSA for another six (6) months until 5 October 2010.

Unless otherwise stated, defined terms used in this announcement shall carry the same meaning as defined in the announcement dated 6 January 2010.

Announcement Details :