PETALING JAYA: IHH Healthcare Bhd’s indirect subsidiary, Pantai Medical Centre Sdn Bhd (PMCSB), which is currently leasing a five-storey building from YNH Property Bhd to operate Pantai Hospital Manjung in Perak, is buying the building as well as the 19,986-sq-m land where it sits on for RM63mil.
The healthcare service provider told Bursa Malaysia that PMCSB had signed an agreement with YNH Property’s units - YNH Hospitality Sdn Bhd and Kar Sin Bhd - on Thursday to acquire the freehold land in Seri Manjung and purpose-built private hospital with 384 surface car parks erected on it.