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")
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”)
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We refer to the earlier announcement dated 22 September 2010 made by the Board of Directors of KPJ in relation to the Proposed Acquisition.
Unless otherwise stated, the abbreviations use throughout this announcement shall have the same meaning as those previously defined in the Company's annnouncement dated 22 September 2010.
The Board of Directors of KPJ (“Board”) wishes to announce that KPJSB and JGWT had on 31 January 2011 entered into a Supplementary Deed ("Supplementary Deed") to vary certain terms of the Proposed Acquisition as announced on 22 September 2010 ("Proposed Variation").
The details of the Proposed Variation are as per Attached.
