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")
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”)
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This announcement is dated 25 June 2010.
We refer to the announcements made on 6 January 2010 and 16 April 2010 in relation to the Proposed Acquisition.
The Board of Directors of KPJ ("Board of Directors") wishes to announce that the Proposed Acquisition is completed on 25 June 2010.