Asset Acquisitions and Disposals::The Purchase of Shares of General Hospital Products Public Company Limited

Issuer & Securities

Issuer/ Manager
BANGKOK DUSIT MEDICAL SERVICES PUBLIC COMPANY LIMITED
Securities
BANGKOKDUSITMED THB10BCB190918 - XS1108673440 - 16JB
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
09-Feb-2015 19:30:34
Status
New
Announcement Sub Title
The Purchase of Shares of General Hospital Products Public Company Limited
Announcement Reference
SG150209OTHROIB6
Submitted By (Co./ Ind. Name)
Bangkok Dusit Medical Services Public Company Limited
Designation
Mrs. Narumol Noi-am
Effective Date and Time of the event
09/02/2015 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Purchase of Shares of General Hospital Products Public Company Limited

We are pleased to notify that Royal Bangkok Healthcare Co., Ltd. ( RBH ), a company in which Bangkok Dusit Medical Services Public Company Limited (the Company ) holds approximately 99.99 per cent of its total issued shares, plans to invest in General Hospital Products Public Company Limited ( GHP ) whose business is manufacturing of injection solutions for intravenous infusions i.e. saline solution, glucose and other medical supplies. RBH will purchase the shares from the minority shareholders of GHP and will also subscribe the newly issued shares from GHP, in the aggregated percentage of 40 per cent of the total paid up capital of GHP after its capital increase. The total investment amount will not be more than Baht 350 million. The payment for those shares will be made in cash. Source of fund will come from the proceeds of the capital increase of RBH. This acquisition is in accordance with the Resolution of the Board of Directors of the Company No. 1/2015. The transaction is expected to be completed by the end of Quarter 2 of the year 2015.

The Company further informs that on February 9, 2015 RBH purchased the first portion of GHP shares from 19 minority shareholders in an aggregated amount of 1,201,686 shares, representing 20.03 per cent of the paid up capital of GHP with the investment amount of Baht 96,134,880.
(details as attached)

Attachments

SGX_GHP 090215.pdf
Total size =952K