KPJ to spend up to RM300mil on capex annually


KPJ's Pasir Gudang Specialist Hospital

JOHOR BARU: KPJ Healthcare Bhd, which is still bullish on the prospects of private healthcare in the country, will be allocating between RM200mil and RM300mil as capital expenditure (capex) yearly.

Its president and managing director Datuk Amiruddin Abdul Satar said the capex would be used to build new hospitals and upgrade existing hospitals in Malaysian under the company’s stable. “We are allocating the money as capex to capitalise on the promising growth of the segment,’’ he told reporters after the company’s AGM here.

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