PACIFIC HEALTHCARE HOLDINGS LTD.
(Company Registration No: 200100544H)
The Board of Directors (the "Directors") of Pacific Healthcare Holdings Ltd. (the "Company") refers to its announcement on 3 August 2015 in relation to the proposed disposal of the business and assets of imaging business as a major transaction and wishes to provide the following additional information in response to the queries by SGX-ST on 25 August 2015.
Query 1
The Company announced on 3 August 2015 ("Announcement") that in relation to the proposed disposal of the business and assets of Pacific Healthcare Imaging (the "Proposed Disposal"), Lifescan Imaging Pte. Ltd., the Purchaser, "is not related to the Company, its directors or substantial shareholders". Please disclose the beneficial owners of Lifescan Imaging Pte. Ltd.Co mp an y's resp o n se:
Please refer to the announcement released by Singapore Medical Group Limited on 20 July 2015 via
SGXNet, titled "Joint Venture Agreement to Subscribe Shares in Lifescan Imaging Pte. Ltd.".
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3Months&F
=YE23O6YWNHO140LU&H=4f5deef6d151129e99569b7443e15655bc0a0b12fca8d256dbc9ac019404bff2
Query 2
As required under Listing Rule 1010(7), please disclose the net profits attributable to the assets being disposed and the amount of any gain or loss on disposal of the Proposed Disposal.Co mp an y's resp o n se:
The net loss attributable to the assets and the business being disposed for the year 2014 is $1,776,100. The amount of gain on disposal is $1.98 million, as stated in the paragraph 5.2 of the Announcement.
Query 3
Please show how ratios disclosed under Listing Rules 1006(a) and 1006(b) were computed.Co mp an y's resp o n se:
Please refer below:-
2014 S$
a Net assets disposed 323,145
Net assets of Group 510,531
63.29%
b Net Loss before tax (1,776,100)
Net loss of Group before tax before extraordinary items (7,956,187)
22.32% By Order of the Board
Wong Yee Kong (Andrew) Chief Executive Officer
26 August 2015
|
distributed by
|
