Bursa Announcements

KPJ Healthcare Berhad

BackJul 06, 2010
Date Announced
:
06/07/2010  




Type
:
Announcement
Subject
:
KPJ HEALTHCARE BERHAD

Contents
:
PROPOSED DISPOSAL BY THE SUBSIDIARIES OF KPJ HEALTHCARE BERHAD (“KPJ”) OF THEIR INTERESTS IN:-

- SEREMBAN SPECIALIST HOSPITAL BUILDING;
- TAIPING MEDICAL CENTRE BUILDING;
- DAMAI SPECIALIST HOSPITAL BUILDING;
- BUKIT MERTAJAM SPECIALIST HOSPITAL BUILDING;
- KPJ PENANG SPECIALIST HOSPITAL BUILDING;
- TAWAKAL HOSPITAL EXISTING BUILDING;
- KPJ TAWAKAL SPECIALIST HOSPITAL BUILDING; AND
- KPJ INTERNATIONAL COLLEGE OF NURSING AND HEALTH SCIENCES BUILDING (FORMERLY KNOWN AS PNC INTERNATIONAL COLLEGE OF NURSING AND HEALTH SCIENCES BUILDING) (“KPJIC BUILDING”)

TO AL-`AQAR KPJ REIT (“AL-`AQAR”) FOR A TOTAL SALE CONSIDERATION OF RM292,500,000 TO BE SATISFIED PARTLY BY CASH CONSIDERATION OF RM175,626,250 AND PARTLY BY THE ISSUANCE OF 123,025,000 NEW UNITS IN AL-`AQAR AT AN ISSUE PRICE OF RM0.95 PER UNIT (“PROPOSED DISPOSALS”)

Announcement Details :

This announcement is dated 6 July 2010.

We refer to the announcements dated 19 August 2008, 4 September 2008, 3 February 2009, 25 February 2009, 30 March 2009 and 7 June 2010 in respect of the Proposed Disposals.

On behalf of the Board of Directors of KPJ, AmInvestment Bank Berhad, a member of AmInvestment Bank Group, wishes to announce that the Proposed Disposals were completed on 6 July 2010.