Petronas to sell Prince Court Medical Centre to Khazanah

Facilities like the Prince Court Medical Centre along Jalan Kia Peng make the area more attractive for investors.

PETALING JAYA: National oil producer Petroliam Nasional Bhd (Petronas) will be disposing of its 100% interest in Prince Court Medical Centre (PCMC) to Khazanah Nasional Bhd at an undisclosed price.

In a press release yesterday, Petronas said that its wholly-owned subsidiary, Petronas Hartabina Sdn Bhd, has signed a share sale and purchase agreement with Khazanah’s wholly-owned subsidiary Pulau Memutik Ventures Sdn Bhd, to dispose its entire equity interest in PCMC.