YNH plans to sell hospital to Pantai Medical Centre

Acquisition plan: A file picture shows the Pantai Medical Centre in Kuala Lumpur. PMC plans to acquire Pantai Hospital Manjung from YNH Property.

PETALING JAYA: Property developer YNH Property Bhd is planning to dispose of a hospital facility in Perak to Pantai Medical Centre Sdn Bhd (PMC) for RM63mil.

In a filing with Bursa Malaysia, YNH said its wholly owned subsidiary, YNH Hospitality Sdn Bhd, had agreed to enter into discussions with PMC on Dec 9 for the disposal of the facility.