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):Related Party Transactions

BackJul 23, 2012
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description PROPOSED ACQUISITION OF A PARCEL OF VACANT COMMERCIAL LAND HELD UNDER H.S.(D) 501209, LOT NO. PTD 163189, MUKIM OF TEBRAU, DISTRICT OF JOHOR BAHRU, JOHOR DARUL TAKZIM ("LAND") BY KUMPULAN PERUBATAN (JOHOR) SDN BHD ("KPJSB"), A WHOLLY-OWNED SUBSIDIARY OF KPJ, FROM JOHOR LAND BERHAD ("JLB" OR "VENDOR"), A SUBSIDIARY OF JOHOR CORPORATION("JCORP" OR "REGISTERED OWNER"), FOR A TOTAL CASH CONSIDERATION OF RM 45,000,000 ("PURCHASE PRICE") ("PROPOSED ACQUISITION OF LAND")
We refer to the announcement on 16 May 2012 in relation to the Proposed Acquisition of Land.
The Board wishes to announce that Renalcare Perubatan (M) Sdn Bhd ("Renalcare"), being the nominee of KPJSB has entered into a conditional sale and purchase agreement ("SPA") with JLB and JCorp (collectively referred to hereon as "Parties") on 23 July 2012 in relation to the Proposed Acquisition of Land.

JLB and JCorp have expressly agreed for Renalcare t enter into the SPA in lieu of KPJSB and any payments made towards obligations of KPJSB as stipulated in the Offer Letter shall be deemed to have been made by Renalcare.

The salient terms and conditions of the SPA are as attached.

This announcement is dated 23 July 2012.

 


Announcement Info

Company Name KPJ HEALTHCARE BERHAD  
Stock Name KPJ    
Date Announced 23 Jul 2012  
Category General Announcement
Reference No JC-120723-51897

Attachments

  1. KPJ230712.pdf (Size: 1,126,760 bytes)