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): Non Related Party Transactions

BackNov 06, 2013
Type Announcement
Subject 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 ONE HUNDRED PERCENT (100%) EQUITY IN BDC SPECIALIST HOSPITAL SDN BHD (COMPANY NO: 124793-K) (“BDCSHSB”) FOR A TOTAL CASH CONSIDERATION OF RM16,516,144.00 (“PROPOSED ACQUISITION”)
The Board of Directors of KPJ (“Board”) wishes to announce that KPJSB, a wholly-owned subsidiary of KPJ, had on 6 November 2013 entered into a conditional Share Sale Agreement (“SSA”) with Usaha Cendera Sdn Bhd (formerly known as Usaha Cendera Cerah Sdn Bhd) (Company No: 119902-W) (“Vendor”) for the acquisition of 2 ordinary shares of RM1.00 each in BDCSHSB (“Sale Shares”) which is equivalent to 100% of the equity of BDCSHSB for a total cash consideration of RM16,516,144.00.
BDCSHSB is the registered owner of all that parcel of leasehold land described as Lot 18807 Block 11 Muara Tebas Land District located at Stampin, Kuching, Sarawak measuring approximately 1.918 hectares (“Land”). Henry Butcher in their valuation report dated 11 December 2012 (“Valuation Report”) has valued the Land based on the market value of RM16,590,000.00.

Upon the completion of the Proposed Acquisition, BDCSHSB will be a wholly-owned subsidiary of KPJSB.
The details of the Proposed Acquisition are as per attachment.

This announcement is dated 6 November 2013.

 


Announcement Info

Company Name KPJ HEALTHCARE BERHAD  
Stock Name KPJ    
Date Announced 6 Nov 2013  
Category General Announcement
Reference No JC-131104-282D3

Attachments

  1. KPJ_061113.pdf (Size: 260,391 bytes)