TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description
KPJ HEALTHCARE BERHAD ("KPJHB" OR "COMPANY")
(I) PROPOSED RENOVATION WORKS; AND
(II) PROPOSED SUB-TENANCY
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
The Board of Directors of KPJHB wishes to announce that Rawang Specialist Hospital Sdn. Bhd., an indirect wholly-owned subsidiary of KPJHB had on 9 February 2024 issued a letter of acceptance to JLG & BP Design Sdn. Bhd., a 60% owned subsidiary of Damansara Assets Sdn. Bhd., which in turn is an indirect subsidiary of Johor Corporation for the renovation work of one (1) suite of approximately 6,800 sq. ft. and six (6) suites of collectively approximately 8,000 sq. ft. at Damansara Specialist Hospital 2 for a contract value of RM15.90 million.
Please refer to the attachment for further details.
