KPJ Healthcare Bhd Announces Memorandum of Understanding Between Kumpulan Perubatan (Johor) Sdn Bhd, Pelaburan Hartanah Berhad and Nadayu Properties Berhad for Development and Leasing of Hospital
Oct 16 14
The board of directors of KPJ Healthcare Bhd announced that the company's Kumpulan Perubatan (Johor) Sdn Bhd had on 16 October 2014 signed a memorandum of understanding with Pelaburan Hartanah Berhad and Nadayu Properties Berhad for the proposed development and leasing of a purpose-built hospital building to be known as the KPJ Damansara Specialist Hospital II by PHB to KPJSB. NPB shall develop at its own cost and handover a three-hundred bedded nine storey hospital building with a built up area of 459,000 square feet and six hundred thirty six car parking bays and all infrastructures which is located on the Portion complete with the Certificate of Completion and Compliance to PHB within thirty six months from the date of the definitive agreements. PHB shall execute the SPA with NPB and DSSB for the purchase of the Land, inclusive of the demised premises and thereafter to lease the Demised Premises to KPJ. Simultaneously, KPJ will execute the ATL and LA annexed to it with PHB to lease the Demised Premises for the period of fifteen years with an option to renew for another fifteen years. The Land refers to all those pieces of lands held under Geran Mukim 1609 Lot 3124, Geran Mukim 1621 Lot 3131 and Geran Mukim 1610 Lot 3128, Geran Mukim 3227 Lot 3130, Geran Mukim 3229 Lot 3131 and Geran Mukim 10 Lot 3132, all in the Mukim of Batu, Tempat Segaay unforeseen circumstances, the definitive agreements shall be executed within six months from the date of the execution of MOU and therefore, this MOU shall lapse thereafter. This MOU is not subject to the approval of other relevant authorities and the shareholders of KPJ.
Nadayu Properties Berhad To Be Removed From The Official List of Bursa Securities
Feb 25 14
Further to Listing Circular No. L/Q 69723 of 2014, kindly be advised that the shares of Nadayu Properties Berhad will be removed from the Official List of Bursa Securities with effect from 9.00 a.m., 28 February 2014, pursuant to Paragraph 16.07(b) of the Listing Requirements.
Nadayu Properties Berhad Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
Nov 27 13
Nadayu Properties Berhad reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported revenue of MYR 1,863,000 against MYR 87,811,000 for the same period a year ago. Loss from operating activities was MYR 3,915,000 against profit from operating activities of MYR 9,238,000 for the same period a year ago. Profit before tax was MYR 345,000 against MYR 8,258,000 for the same period a year ago. Profit and total comprehensive income for the period attributable to owners of the company was MYR 599,000 or MYR 0.26 per basic share against MYR 5,713,000 or MYR 2.48 per basic share for the same period a year ago. Lower profit for the current quarter was mainly due to no completed project under current quarter as compared to preceding quarter.
For the nine months, the company reported revenue of MYR 150,216,000 against MYR 109,351,000 for the same period a year ago. Profit from operating activities was MYR 21,545,000 against MYR 3,711,000 for the same period a year ago. Profit before tax was MYR 23,506,000 against MYR 6,689,000 for the same period a year ago. Profit and total comprehensive income for the period attributable to owners of the company was MYR 17,256,000 or MYR 7.59 per basic share against MYR 5,422,000 or MYR 2.36 per basic share for the same period a year ago. Net cash used in operating activities was MYR 14,292,000 and acquisition of PPE was MYR 150,000 against MYR 612,000 for the same period a year ago.