KPJ, Pasdec plan joint venture


PETALING JAYA: KPJ Healthcare Bhd and Pasdec Holdings Bhd have proposed to set up a 70:30 joint-venture (JV) company to develop a hospital in Kuantan, Pahang.

The JV company would have an initial authorised capital of RM25mil, the companies told Bursa Malaysia in separate statements yesterday.

Pasdec will dispose of a 3.12-acre land for RM3.76mil to the JV company in return for shares while KPJ will buy RM8.76mil worth of shares in the JV company for cash. For latest Bursa Malaysia indices, charts and other information click here   KPJ :  [Stock Watch]  [News]

For latest Bursa Malaysia indices, charts and other information click here

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Financial sector joint committee to strengthen response to climate risk
PepsiCo to sell Tropicana, other juice brands for US$3.3bil
Alibaba misses revenue estimates as e-commerce growth slows, regulatory crackdown persists
Dufu rides on robust demand for HDD � �
Tencent vows fresh gaming curbs after 'spiritual opium' attack zaps US$60bil
KLCI swings back above 1,500-level
Hartalega falls on caution about weaker prices
Infineon takes revenue hit from Malaysia shutdown
BMW says chip shortage, raw material prices to hit 2H
Infineon held back by tight supply, Malaysia plant hit by lockdown

Stories You'll Enjoy


Vouchers