Proposed Disposal Of: (I) 75% Equity Interest In PT KPJ Medica ("KPJM) By Kumpulan Perubatan (Johor) Sdn Bhd (KPJSB), A Wholly-Owned Subsidiary Of KPJ; And (II) 100% Equity Interest In PT Al-Aqar Bumi Serpong Damai (AABSD) By Crossborder Aim (M) Sdn Bhd (CAMSB) And Crossborder Hall (M) Sdn Bhd (CHMSB), Wholly-owned Subsidiaries Of KPJ, To PT Nusautama Medicalindo (PTNM) Collectively Referred To As Proposed Disposal Collectively Referred T
KPJ HEALTHCARE BERHAD (KPJ OR THE COMPANY) PROPOSED DISPOSAL OF: (i) 75% EQUITY INTEREST IN PT KPJ MEDICA ("KPJM) BY KUMPULAN PERUBATAN (JOHOR) SDN BHD (KPJSB), A WHOLLY-OWNED SUBSIDIARY OF KPJ; AND (ii) 100% EQUITY INTEREST IN PT AL-AQAR BUMI SERPONG DAMAI (AABSD) BY CROSSBORDER AIM (M) SDN BHD (CAMSB) AND CROSSBORDER HALL (M) SDN BHD (CHMSB), WHOLLY-OWNED SUBSIDIARIES OF KPJ, TO PT NUSAUTAMA MEDICALINDO (PTNM)
COLLECTIVELY REFERRED TO AS PROPOSED DISPOSAL
COLLECTIVELY REFERRED T
The Board of Directors of KPJ (“Board”) wishes to announce that the Company through its subsidiaries, KPJSB, CAMSB and CHMSB had, on 1 March 2023, entered into a Share Sale Agreement (“SSA”) with PTNM for the Proposed Disposal of its Indonesian hospital operations and facilities relating to KPJM.
This announcement is dated 1 March 2023.
For further details of the Proposed Disposal, please refer to the attachment.
