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

PROPOSED ACQUISITION BY KUMPULAN PERUBATAN (JOHOR) SDN BHD ("KPJSB"), A WHOLLY-OWNED SUBSIDIARY OF KPJ, OF UP TO 51% EQUITY INTEREST IN JETA GARDENS WATERFORD TRUST ("JGWT") FOR A TOTAL CASH CONSIDERATION OF UP TO RM19,000,000 ("PROPOSED ACQUISITION")

BackSep 22, 2010

Date Announced

22/09/2010

Type

Announcement

Subject

PROPOSED ACQUISITION BY KUMPULAN PERUBATAN (JOHOR) SDN BHD (“KPJSB”), A WHOLLY-OWNED SUBSIDIARY OF KPJ, OF UP TO 51% EQUITY INTEREST IN JETA GARDENS WATERFORD TRUST (“JGWT”) FOR A TOTAL CASH CONSIDERATION OF UP TO RM19,000,000 (“PROPOSED ACQUISITION”)

Contents

The Board of Directors of KPJ (“Board”) wishes to announce that the Company’s wholly-owned subsidiary, KPJSB, has on 22 September 2010, entered into a conditional Subscription Deed (“Deed”) for the acquisition of up to 367,605 new ordinary units in JGWT (representing up to 51% equity interest in JGWT) and up to 3,308,415 10-year convertible notes convertible into new ordinary units in JGWT (“Convertible Notes”) to be undertaken in two (2) tranches for a total cash consideration of up to RM19,000,000 (“Purchase Consideration”) (“Proposed Acquisition”).

The details of the Proposed Acquisition are as per Attached.

This announcement is dated 22 September 2010.

Attachments

KPJ220910.pdf (Size: 221,866 bytes)