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

ACQUISITION BY KUMPULAN PERUBATAN (JOHOR) SDN. BHD. ("KPJSB"), A WHOLLY-OWNED SUBSIDIARY OF KPJ OF THE FOLLOWING : (i) 100% EQUITY INTEREST IN SIBU MEDICAL CENTRE CORPORATION SDN BHD. "SMCC") COMPRISING 6,624,944 ORDINARY SHARES ( "SALE SHARES") OF RM 1.00 EACH AND (ii) 100% EQUITY INTEREST IN SIBU GERIATRIC HEALTH & NURSING CENTRE SDN BHD. ("SGHNC") COMPRISING 1,080,000 ORDINARY SHARES ("SALE SHARES") OF RM 1.00 EACH FOR AN AGGREGATE CASH CONSIDERATION OF RM 28,146,000 ("PROPOSED ACQUISITIONS")

BackJan 18, 2011
Date Announced
:
18/01/2011  




Type
:
Announcement
Subject
:
KPJ HEALTHCARE BERHAD (“KPJ” OR “COMPANY”)

ACQUISITION BY KUMPULAN PERUBATAN (JOHOR) SDN. BHD. (“KPJSB”), A WHOLLY-OWNED SUBSIDIARY OF KPJ OF THE FOLLOWING : (i) 100% EQUITY INTEREST IN SIBU MEDICAL CENTRE CORPORATION SDN BHD. "SMCC") COMPRISING 6,624,944 ORDINARY SHARES ( "SALE SHARES") OF RM 1.00 EACH AND (ii) 100% EQUITY INTEREST IN SIBU GERIATRIC HEALTH & NURSING CENTRE SDN BHD. ("SGHNC") COMPRISING 1,080,000 ORDINARY SHARES ("SALE SHARES") OF RM 1.00 EACH FOR AN AGGREGATE CASH CONSIDERATION OF RM 28,146,000 ("PROPOSED ACQUISITIONS")

Contents
:
The Board of Directors of KPJ (“Board”) wishes to announce that the Company's wholly-owned subsidiary, KPJSB, had on 18 January 2011 entered into separate Share Sale Agreements with the relevant Vendors (as defined in Section 3.5) to acquire the following :-

(a) 100% equity interest in SMCC comprising 6,624,944 ordinary sharee of RM 1.00 each ( "Sale Shares") for an aggregate purchase consideration of
RM 26,904,000 ("SMCC Purchase Consideration"); and

(b) 100% equity interest in SGHNC comprising 1,080,000 sharee for an aggregate purchase consideration of RM1,242,000 ("SGHNC Purchase
Consideration")

The details of the announcement are as per attached.

This announcement is dated 18 January 2011.

Attachments

  1. KPJ180111.pdf (Size: 310,305 bytes)