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 ISSUE OF, OFFER FOR SUBSCRIPTION OR PURCHASE OF, OR INVITATION TO SUBSCRIBE FOR OR PURCHASE OF ISLAMIC COMMERCIAL PAPERS ("ICP")/ ISLAMIC MEDIUM TERM NOTES ("IMTN") OF UP TO RM500.0 MILLION IN NOMINAL VALUE ("PROPOSED ICP/IMTN PROGRAMME") BY POINT ZONE (M) SDN BHD ("POINT ZONE"), A 100% OWNED SUBSIDIARY OF KPJ

BackNov 12, 2010
Date Announced
:
12/11/2010  




Type
:
Announcement
Subject
:
KPJ HEALTHCARE BERHAD ("KPJ " OR “COMPANY")
PROPOSED ISSUE OF, OFFER FOR SUBSCRIPTION OR PURCHASE OF, OR INVITATION TO SUBSCRIBE FOR OR PURCHASE OF ISLAMIC COMMERCIAL PAPERS (“ICP”)/ ISLAMIC MEDIUM TERM NOTES (“IMTN”) OF UP TO RM500.0 MILLION IN NOMINAL VALUE (“PROPOSED ICP/IMTN PROGRAMME”) BY POINT ZONE (M) SDN BHD (“POINT ZONE”), A 100% OWNED SUBSIDIARY OF KPJ

Contents
:
On behalf of the Board of Directors of KPJ, Affin Investment Bank Berhad ("Affin Investment") is pleased to announce the submission of the application for the Proposed ICP/IMTN Programme to the Securities Commission for its approval on behalf of Point Zone.

Affin Investment has been appointed by Point Zone to act as the Principal Adviser and Lead Arranger in relation to the Proposed ICP/IMTN Programme.

Point Zone is a special purpose vehicle incorporated to raise funds for KPJ and/or its subsidiaries (“KPJ Group”) involved in the healthcare and healthcare related business.

Point Zone intends to issue the Proposed ICP/IMTN Programme whereby the proceeds raised shall be utilised to refinance KPJ’s existing RM250.0 million Commercial Papers/Medium Term Notes Programme with the balance proceeds to finance KPJ Group’s capital expenditure requirement related to its expansion plan and Shariah compliant working capital requirements in the healthcare and healthcare related business.

The Proposed ICP/IMTN Programme will be secured against a charge and assignment over the designated account and a corporate guarantee from KPJ.

This announcement is dated 12 November 2010.

Announcement Details :