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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

Transactions (Chapter 10 Of Listing Requirements): Non Related Party Transactions

BackFeb 07, 2011
Date Announced
:
 07/02/2011  



Type
:
 Announcement
Subject
:
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description
:
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”)

Announcement Details/Table Section :

This announcement is dated 7 February 2011.

We refer to the announcements dated 22 September 2010 and 2 February 2011 made by the Board of Directors of KPJ (“Board”) in relation to the Proposed Acquisition (“Announcements”).

Unless otherwise stated, the abbreviations used throughout this announcement shall have the same meaning as those previously defined in the Announcements.

The Board would like to announce, in addition to the announcement dated 2 February 2011, further that:-

BASIS AND JUSTIFICATION AT ARRIVING AT THE CALL OPTION/PUT OPTION ISSUE PRICE 


    The basis and justification for the Call option/Put option issue price of AUD 1 each is based on a nominal consideration as an integral part of the Proposed Acquisition.

ESTIMATED COMPLETION DATE  

    For clarification purposes, the estimated completion date as stated in Section 5 of the announcement dated 2 February 2011 shall be amended and revised with the following:-  “The First Tranche Issue is expected to be completed by the first quarter of 2011 whilst the exercise of the Call Option/Put Option is expected to be completed by the 3rd quarter of 2011.”