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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): Related Party Transactions

BackJan 30, 2012
Date Announced
:
 30/01/2012  



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

Description
:
KPJ HEALTHCARE BERHAD ("KPJ" OR "THE COMPANY")
DISPOSAL OF REDEEMABLE PREFERENCE SHARES IN INTRAPRENEUR DEVELOPMENT SDN BHD ("DISPOSAL")

Announcement Details/Table Section :

Reference is made to our announcement dated 26 November 2009 in relation to the Subscription Agreement entered into with Intrapreneur Development Sdn Bhd ("IDSB") for the proposed subscription of 15,369 redeemable preference shares of RM0.01 each in IDSB ("Redeemable Preference Shares" or "RPS") at an issue price of RM100 per share.

The Company wishes to announce that it had on even date entered into a Sale of Shares Agreement ("SSA") with Johor Corporation ("JCorp" or "Purchaser") for the disposal of 15,369 RPS in IDSB for a total sale consideration of RM1,536,900.

The details of the Disposal are as per attachment.

Attachments

  1. KPJ300112.pdf (Size: 1,225,613 bytes)