TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description
KPJ HEALTHCARE BERHAD (KPJ OR THE COMPANY)
PROPOSED DISPOSAL OF 2 PARCELS OF VACANT FREEHOLD DEVELOPMENT LAND IN BETHANIA QUEENSLAND AUSTRALIA BY JETA GARDENS (QLD) PTY LTD (A.C.N. 102 975 182) (JETA) A SUBSIDIARY OF KPJ, TO JLAND AUSTRALIA PTY LTD (A.C.N. 657 536 779) (JLAND AUSTRALIA) FOR A TOTAL CASH CONSIDERATION OF AUSTRALIAN DOLLARS (AUD) 6,500,000 (PROPOSED DISPOSAL)
The Board of Directors of KPJ (“Board”) wishes to announce that the Company’s subsidiary JETA had, on 12 September 2022, entered into a Contract for Commercial Land and Buildings (“CCLB”) with JLAND AUSTRALIA for the proposed disposal of 2 parcels of vacant freehold development land (“the said Lands”) in Bethania Queensland Australia.
Please refer to the attachment for further details on the Proposed Disposal.
