(Company Registration No: 200100544H)
Pacific Healthcare Holdings Ltd. (the "Company") refers to its announcement on 16 January
2015 (the "Announcement") in relation to the proposed disposal by the Company of issued and paid-up ordinary shares in the share capital of Pacific Healthcare (Indonesia) Pte. Ltd. ("PHIPL") and 400,000 issued and paid-up ordinary shares in the share capital of Pacific Surgical and Endoscopy Centre Pte. Ltd. ("PSECPL") to the Purchaser (the "Proposed Disposals").
Unless otherwise defined, all capitalised terms referred to herein shall bear the same meanings as defined in Announcement.
2. TERMINATION OF THE PROPOSED DISPOSALS
2.1 The Board would like to inform all Shareholders that the Proposed Disposals have been terminated by the Company as the conditions precedent in the Agreements have not been fulfilled or waived by the long stop date of 30 April 2015.
2.2 The termination of the Proposed Disposal is not expected to have any material impact on the consolidated net tangible assets or earnings per share of the Company and the Group for the financial year ending 31 December 2014.
Wong Yee Kong (Andrew) Chief Executive Officer
04 May 2015
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