TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS ENTRY INTO AGREEMENTS FOR THE PROPOSED ACQUISITION BY GLENEAGLES DEVELOPMENT PTE LTD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF IHH, FROM MINORITY SHAREHOLDERS OF RAVINDRANATH GE MEDICAL ASSOCIATES PRIVATE LIMITED, AN INDIRECT SUBSIDIARY OF IHH, NAMELY, DR. RAVINDRANATH KANCHERLA AND HIS PERSONS CONNECTED OF THE ENTIRE EQUITY STAKE HELD BY DR. RAVI GROUP IN RGE, FOR A TOTAL CONSIDERATION OF APPROXIMATELY INR7,400 MILLION, AND OTHER ANCILLARY TRANSACTIONS

IHH HEALTHCARE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
ENTRY INTO AGREEMENTS FOR THE PROPOSED ACQUISITION BY GLENEAGLES DEVELOPMENT PTE LTD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF IHH, FROM MINORITY SHAREHOLDERS OF RAVINDRANATH GE MEDICAL ASSOCIATES PRIVATE LIMITED, AN INDIRECT SUBSIDIARY OF IHH, NAMELY, DR. RAVINDRANATH KANCHERLA AND HIS PERSONS CONNECTED OF THE ENTIRE EQUITY STAKE HELD BY DR. RAVI GROUP IN RGE, FOR A TOTAL CONSIDERATION OF APPROXIMATELY INR7,400 MILLION, AND OTHER ANCILLARY TRANSACTIONS






Announcement Info

Company Name IHH HEALTHCARE BERHAD
Stock Name IHH
Date Announced 25 Aug 2023
Category General Announcement for PLC
Reference Number GA1-25082023-00039