TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description
KPJ HEALTHCARE BERHAD ("KPJ" OR "COMPANY")
PROPOSED ACQUISITION BY KUMPULAN PERUBATAN (JOHOR) SDN BHD (“KPJSB”), A WHOLLY-OWNED SUBSIDIARY OF KPJ, OF ALL THAT PARCEL OF LAND HELD UNDER GERAN 52130 LOT 405 SEKSYEN 87A, BANDAR KUALA LUMPUR, DAERAH KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN KL TOGETHER WITH A MULTI-STOREY OFFICE BUILDING ERECTED THEREON KNOWN AS MENARA 238 (“PROPERTY”) FROM DANAHARTA HARTANAH SDN BHD (“DHSB”) FOR A TOTAL CASH CONSIDERATION OF RM206,000,000.00 (“PROPOSED ACQUISITION”)
KPJSB and DHSB had entered into a tenancy agreement on 11 September 2012 (“Tenancy Agreement”) whereby DHSB had granted upon KPJSB the option to purchase the Property. The Board hereby wishes to announce that KPJSB has now exercised its option to purchase and therefore, entered into a conditional sale and purchase agreement (“SPA”) with DHSB on 16 October 2013 pursuant to the Proposed Acquisition. The details of the Proposed Acquisition are as per attachment.
