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

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BackNov 20, 2014

Type	Announcement
Subject	OTHERS
Description	PROPOSED ISLAMIC COMMERCIAL PAPERS ("ICP") PURSUANT TO AN ICP PROGRAMME AND PROPOSED ISLAMIC MEDIUM TERM NOTES ("IMTN") PURSUANT TO AN IMTN PROGRAMME (COLLECTIVELY, THE ICP PROGRAMME AND IMTN PROGRAMME ARE REFERRED TO AS "SUKUK PROGRAMMES"), WITH A COMBINED LIMIT OF UP TO RM1.5 BILLION IN NOMINAL VALUE FOR THE SUKUK PROGRAMMES AND A SUB-LIMIT OF RM500.0 MILLION IN NOMINAL VALUE FOR THE ICP PROGRAMME, BASED ON THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT) (collectively, the ICP and IMTN are referred to as the "Sukuk Murabahah")
The Company is pleased to announce that Point Zone (M) Sdn Bhd (“Point Zone”) (a wholly-owned subsidiary of the Company) had on 3 November 2014 received the authorisation from the Securities Commission Malaysia (the “SC”) to establish the Sukuk Programmes. The proceeds raised from the Sukuk Programmes shall be utilised to refinance the outstanding amount under the existing Islamic Commercial Papers/Islamic Medium Term Notes Programme of up to RM500.0 million issued by Point Zone or under a Bridging Loan Facility of up to RM450.0 million (as the case may be); and to advance to the Company to finance the expansion and working capital requirements of the KPJ group’s healthcare and healthcare related businesses (including to finance/refinance any borrowings incurred in relation thereto). The ICP Programme shall have a tenure of 7 years from the first issuance date whilst the IMTN Programme shall have a tenure of 10 years from the first issuance date. The Sukuk Programmes will be secured against a charge and assignment over the designated account and an irrevocable and unconditional corporate guarantee from KPJ. Both the ICP Programme and the IMTN Programme will not be rated. The Sukuk Murabahah shall not be listed on Bursa Malaysia Securities Berhad or any other stock exchange and will be issued in tranches under the Sukuk Programmes via private placement on a best effort basis. Affin Hwang Investment Bank Berhad (formerly known as HwangDBS Investment Bank Berhad) and Maybank Investment Bank Berhad are the Joint Principal Advisers and Joint Lead Arrangers for the Sukuk Programmes.. This announcement is dated 20 November 2014.

Announcement Info

Company Name	KPJ HEALTHCARE BERHAD
Stock Name	KPJ
Date Announced	20 Nov 2014
Category	General Announcement
Reference No	JC-141120-80FE2