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

BackNov 11, 2011

Date Announced

11/11/2011

Type

Announcement

Subject

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description

Proposed Design, Build and Lease Agreement Between Lembaga Kemajuan Wilayah Pulau Pinang ("PERDA"), ASEANIA Development Sendirian Berhad ("ASEANIA") and Penang Specialist Hospital Sdn Bhd ("PgSHSB"), a wholly-owned subsidiary of KPJ ("Proposed DBL Agreement")

Announcement Details/Table Section :

The Board of Directors of KPJ ("Board") wishes to announce that the Company's wholly-owned subsidiary, PgSHSB, had on 11 November 2011 entered into a Design, Build and Lease Agreement ("DBL Agreement") with Lembaga Kemajuan Wilayah Pulau Pinang ("PERDA") and Aseania Development Sendirian Berhad ("ASEANIA") ("DBL Agreement") whereby :

(i) ASEANIA will design and construct a medical care facility ("Hospital") according to PgSHSB's specifications, on a four-(4 ) acre land in Seberang Perai Tengah Pulau Pinang ("Land"); and

(ii) PgSHSB shall lease the Hospital from ASEANIA for ten (10) years upon completion of its construction.

(Collectively, the Land and the Hospital shall be hereinafter referred to as the "Demised Premises")

The detail of the announcement is as attached.

This announcement is dated 11 November 2011.

Attachments

KPJ111111a.pdf (Size: 298,307 bytes)