TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS
Description
KPJ HEALTHCARE BERHAD (“KPJ” OR THE “COMPANY”)
PROPOSED RENEWAL OF THE SHARE BUY-BACK AUTHORITY; AND
PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR EXISTING RECURRENT RELATED PARTY TRANSACTIONS (“RRPT”) OF A REVENUE OR TRADING NATURE
This announcement is dated 7 May 2013. The Board of Directors of KPJ wishes to announce that KPJ proposes to seek its shareholders’ approval for the following proposals at the forthcoming Annual General Meeting of KPJ to be held at a date not later than 30 June 2013:
i) Proposed renewal of shareholders’ mandate for the Company to enable KPJ to purchase up to ten percent (10%) of its issued and paid-up share capital at any point in time ("Proposed Share Buy-Back"); andii) Proposed renewal of shareholders’ mandate for the Company’s existing RRPT of a revenue and/or trading nature ("Proposed Shareholders’ Mandate").The Circular setting out the details pertaining to the Proposed Renewal of Share Buy-Back Authority and Proposed Shareholders’ Mandate will be despatched to the shareholders of KPJ in due course.
