Positive views on KPJ Rawang Specialist Hospital plan


PETALING JAYA: Analysts are generally positive on KPJ Healthcare Bhd's plan to acquire the entire equity interest in Rawang Specialist Hospital Sdn Bhd (RSHSB) for RM50.6mil cash as the hospital will be the only multi-discipline private specialist hospital in Rawang.

As part of the agreement announced on Wednesday, KPJ would also be consolidating RSHSB's existing loan facility, which is estimated at RM37.5mil once fully drawn down, taking the takeover price closer to RM88mil.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Khairy Jamaluddin named member of India-based Fischer Medical Ventures board
Ringgit has been unfortunate, unfairly assessed vs US dollar -BNM
Wall St set for muted open as weak earnings offset jobless claims relief
Creador’s Brahmal emerges as substantial shareholder of MCE Holdings
US weekly jobless claims increase more than expected
AmBank launches revamped AmOnline mobile banking
Pentamaster to prioritise sustainability
Kerjaya Prospek Property to jointly develop Batu Kawan land for proposed mixed development
Ringgit almost unchanged against greenback at the close
Malaysia to retain lead in Asia-Pacific Islamic banking market - S&P Global

Others Also Read