PETALING JAYA: RHB Research expects KPJ Healthcare Bhd to deliver a stronger set of results for its year ended Dec 31, 2013 due to additional beds arising from the scheduled opening of two new hospitals as well as the new Sabah Medical Centre.
It reiterates its “buy” call on the stock with an unchanged fair value of RM6.45, based on a price-earnings ratio of 23.5 times for 2013.
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