199201015575 (247079-M)
| Type | Announcement | ||||||||||||||||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
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| Description | KPJ HEALTHCARE BERHAD (“KPJ” OR “COMPANY”) VARIATION OF 10% OR MORE BETWEEN THE ACTUAL VALUE OF RECURRENT RELATED PARTY TRANSACTION ("RRPT") TRANSACTED OVER THE ESTIMATED AGGREGATED VALUE DISCLOSED IN 2013 MANDATE |
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This announcement is dated 25 April 2014.
Pursuant to Paragraph 10.09(2)(e) Main Market Listing Requirement of Bursa Malaysia Securities Berhad (“Listing Requirements”), the Board of Directors of KPJ wishes to announce that the actual value of RRPT transacted pursuant to 2013 mandate has exceeded the estimated aggregated value disclosed in 2013 mandate of RRPT by more than 10%. The details of the transaction are as follows:-
The variation of the actual value of the housekeeping contract fees payable to the abovementioned related company of KPJ exceeded the estimated value by more than 10% during the mandate period mainly due to the standardisation of salary charges and salary increment due to the increase of the minimum wage rate imposed in 2013. However, it should be noted that, save for the particular transactions above, KPJ has not exceeded the estimated aggregate RRPT value by more than 10% during the mandate period. |
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| Company Name | KPJ HEALTHCARE BERHAD |
| Stock Name | KPJ |
| Date Announced | 25 Apr 2014 |
| Category | General Announcement |
| Reference No | JC-140425-3550A |
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