IHH

6.270

+0.02 (+0.3%)

OTHERS Acquisition of Bedrock Healthcare Sdn Bhd by Pantai Holdings Sdn Bhd

IHH HEALTHCARE BERHAD

Type Announcement
Subject OTHERS
Description
Acquisition of Bedrock Healthcare Sdn Bhd by Pantai Holdings Sdn Bhd

We refer to the announcements dated 10 August 2023 and 2 February 2024 in respect of the Acquisition (“Announcements”).Unless otherwise defined, abbreviations used throughout this announcement are the same as those previously defined in the Announcements.

 

The Board of Directors of IHH Healthcare Berhad (“IHH”) is pleased to announce that the Acquisition was completed on 29 February 2024 (“Closing Date”) pursuant to the SPA entered into between Pantai Holdings Sdn Bhd (the “Purchaser”) and Saravita Holdings Sdn Bhd and 9 individual founders (the “Sellers”). On the Closing Date, the Sellers have transferred the legal and beneficial title of the entire equity interest in Bedrock Healthcare Sdn Bhd (“Sale Shares”) to the Purchaser.

 

Upon completion of the Acquisition, BHSB and its subsidiaries, namely Mestika Unik Sdn Bhd and Eminent Rock Sdn Bhd, will be consolidated as subsidiaries of IHH.

 

This announcement is dated 29 February 2024.






Announcement Info

Company Name IHH HEALTHCARE BERHAD
Stock Name IHH
Date Announced 29 Feb 2024
Category General Announcement for PLC
Reference Number GA1-29022024-00039