The Board of Directors of KPJ ("Board") wishes to announce that the Company's wholly-owned subsidiary, Kumpulan Perubatan (Johor) Sdn Bhd ("KPJSB"), had on 8 February 2012 entered into separate Sale and Purchase Agreements ("SPAs") with JCorp Hotels and Resorts Sdn Bhd ("JCorp Hotels" or "Vendor") to acquire eight (8) units fo Service Apartment which detailed information is mentioned in item 2 herein (collectively " Service Apartments") for a total purchase consideration of RM 1,934,880 ("Purchase Consideration") . The purchase consideration for each one (1) unit of the Service Apartment is RM 241,860.00.

The parties had also on even date executed a Deed of Assignment ("Deed") by which KPJSB agreed to bear the entire responsibility and undertaking on the part of the Vendor as contained and expressed in the Principal Agreement (which is more particularly defined in item 2 herein), absolutely as if KPJSB is a party to the Principal Agreement. The details of the proposed acquisition are as per attachment.

This announcement is dated 8 February 2012.