TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description
KPJ HEALTHCARE BERHAD ("KPJ" OR "COMPANY") PROPOSED DISPOSAL OF A 5-STOREY CARPARK BLOCK TOGETHER WITH A HALF BASEMENT LEVEL AND AN OPEN ROOF LEVEL ("PROPERTY") IN SHAH ALAM BY SELANGOR SPECIALIST HOSPITAL SDN BHD (Company No.: 215179-P) ("SgSH "or "VENDOR"), A 60% OWNED SUBSIDIARY OF KPJ TO AMANAHRAYA TRUSTEES BERHAD (Company No.: 766894-T) AS TRUSTEE FOR AND ON BEHALF OF AL-`AQAR HEALTHCARE REIT ("AL-AQAR") ("REIT TRUSTEE" OR "PURCHASER") ("PROPOSED DISPOSAL")
The Board of Directors of KPJ wishes to announce that the Company’s 60% owned subsidiary SgSH had on 8 December 2017 entered into a Sale and Purchase Agreement with the REIT Trustee, being the trustee of Al-‘Aqar for the proposed disposal of a 5-storey carpark block together with a half basement level and an open roof level (building only) in Shah Alam.
For further details of the Proposed Disposal, please refer to the attachment.
