KPJ Healthcare Berhad (KPJ Or Company) Disposal Of 65% Equity Shareholding In Teraju Farma Sdn Bhd (TFSB) To Haji Zainal Abidin Bin Lajat (ZAL Or Purchaser) By Kumpulan Perubatan (Johor) Sdn Bhd (KPJSB), A Wholly-Owned Subsidiary Of KPJ
KPJ HEALTHCARE BERHAD (KPJ OR COMPANY) DISPOSAL OF 65% EQUITY SHAREHOLDING IN TERAJU FARMA SDN BHD (TFSB) TO HAJI ZAINAL ABIDIN BIN LAJAT (ZAL or PURCHASER) BY KUMPULAN PERUBATAN (JOHOR) SDN BHD (KPJSB), A WHOLLY-OWNED SUBSIDIARY OF KPJ
The Board of Directors of KPJ (“Board”) wishes to announce that KPJSB had on 15 November 2021 entered into a Share Sale Agreement (“SSA”) with the Purchaser for the disposal of Sixty Five percent (65%) equity shareholding of TFSB amounting to Nine Hundred Seventy Five Thousand in TFSB (“Sale Shares”) at a total cash consideration of Million Five Hundred Sixty Thousand (RM1,560,000.00) (“Purchase Price”) only subject to the terms and conditions as contained in the SSA (“Disposal”).
As a result of the Disposal, TFSB will cease to be a subsidiary of KPJ.
This announcement is dated 15 November 2021.
For further details of the Disposal, please refer to the attachment.
