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

New Issue Of Securities (Chapter 6 Of Listing Requirements):Combination Of New Issue Of Securities

BackJan 21, 2014
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description KPJ HEALTHCARE BERHAD (“KPJ” OR THE “COMPANY”)

RENOUNCEABLE RIGHTS ISSUE OF 43,637,326 NEW ORDINARY SHARES OF RM0.50 EACH IN KPJ (“KPJ SHARE(S)”) (“RIGHTS SHARE(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FIFTEEN (15) EXISTING KPJ SHARES HELD AS AT 5.00 P.M. ON 26 DECEMBER 2013, TOGETHER WITH 87,274,652 FREE DETACHABLE NEW WARRANTS (“NEW WARRANT(S)”) ON THE BASIS OF TWO (2) NEW WARRANTS FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED AT AN ISSUE PRICE OF RM2.80 PER RIGHTS SHARE (“RIGHTS ISSUE”)

The terms used herein, unless the context otherwise states, shall bear the same meaning as those defined in the Abridged Prospectus issued by KPJ dated 26 December 2013.

We refer to the earlier announcements in relation to the Rights Issue as well as the Abridged Prospectus issued by KPJ dated 26 December 2013.

On behalf of the Board of Directors of KPJ (“Board”), we wish to announce that as at the date of the closing of acceptance and payment for the Rights Issue at 5.00 p.m. on 13 January 2014 (“Closing Date”), the Rights Shares with New Warrants have been oversubscribed by 20.37% over the total number of 43,637,326 Rights Shares with 87,274,652 New Warrants available for subscription under the Rights Issue.

The details of the acceptances and excess applications received as at the Closing Date are set out in the table below:-

No. of Rights Shares
%
Acceptances
43,216,154
99.03
Excess applications
9,311,317
21.34
Total acceptances and excess applications
52,527,471
120.37
Total Rights Shares available for subscription
(43,637,326)
(100.00)
Over subscription
8,890,145
20.37

The Board has determined that the excess Rights Shares with New Warrants applied for under the Rights Issue will be allotted in the manner as disclosed in Section 3.8 of the Abridged Prospectus dated 26 December 2013.

This announcement is dated 21 January 2014.

 


Announcement Info

Company Name KPJ HEALTHCARE BERHAD  
Stock Name KPJ    
Date Announced 21 Jan 2014  
Category General Announcement
Reference No MI-140121-60341