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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS KPJ HEALTHCARE BERHAD ( KPJ OR THE COMPANY) PROPOSED DISPOSAL OF 80% STAKE IN PT KHIDMAT PERAWATAN JASA MEDIKA BY KUMPULAN PERUBATAN (JOHOR) SDN BHD (Company No: 198801003611 (170968-A)) (KPJSB), A WHOLLY-OWNED SUBSIDIARY OF KPJ, TO MR IRFAN JASRI AND MS ANNIE TRISUSILO FOR A TOTAL CONSIDERATION OF INDONESIAN RUPIAH 96 BILLION (PROPOSED DISPOSAL)

KPJ HEALTHCARE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
KPJ HEALTHCARE  BERHAD ( KPJ OR THE COMPANY)

PROPOSED DISPOSAL OF 80% STAKE IN PT KHIDMAT PERAWATAN JASA MEDIKA BY KUMPULAN PERUBATAN (JOHOR) SDN BHD (Company No: 198801003611 (170968-A)) (KPJSB), A WHOLLY-OWNED SUBSIDIARY OF KPJ, TO MR IRFAN JASRI AND MS ANNIE TRISUSILO FOR A TOTAL CONSIDERATION OF INDONESIAN RUPIAH 96 BILLION (PROPOSED DISPOSAL)

The Board of Directors of KPJ (“Board”) wishes to announce that the Company’s subsidiary KPJSB had, on 29 July 2020, entered into two (2)  separate Shares Sale and Purchase Agreements (“SSPA”) with Mr Irfan Jasri and Ms Annie Trisusilo for the proposed disposal of its 80% stake in PT Khidmat Perawatan Jasa Medika (“KPJM”).

 

KPJM operates a specialist hospital in Jakarta Barat, Indonesia known as RS Medika Permata Hijau. It is a joint-venture company between KPJSB  which holds an 80% share and Mr Irfan Jasri who holds a 20% share of the paid-up capital of KPJM.

 

For further details of the Proposed Disposal, please refer to the attachment.

 

 

This announcement is dated 30 July 2020.




Please refer attachment below.



Announcement Info

Company Name KPJ HEALTHCARE BERHAD
Stock Name KPJ
Date Announced 30 Jul 2020
Category General Announcement for PLC
Reference Number GA1-30072020-00080




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