Bursa Announcements

Transactions (Chapter 10 Of Listing Requirements): Related Party Transactions

BackMay 07, 2012
Date Announced
:
07/05/2012  



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

Description
:
PROPOSED ACQUISITION BY KUMPULAN PERUBATAN (JOHOR) SDN BHD ("KPJSB"), A WHOLLY-OWNED SUBSIDIARY OF KPJ, OF UP TO 80% EQUITY INTEREST IN PT KHIDMAT PERAWATAN JASA MEDIKA ('PT KPJ MEDIKA") FOR A TOTAL CASH CONSIDERATION OF RM 15,840,000.00 ("PROPOSED ACQUISIITON")

Announcement Details/Table Section :

We refer to the announcement dated 23 March 2012 in relation to the Proposed Acquisition.

The Parties are finalising the conditional Sale of Shares Agreement ("Conditional SSA") in relation to the Proposed Acquisition and the Conditional SSA is expected to be executed within one (1) month of this announcement.

This announcement is dated 7 May 2012.