MIDF Research revised its earnings forecast for 2025-2027 downwards by 1%.
PETALING JAYA: KPJ Healthcare Bhd
is likely to face a tougher business environment from July 2025, as the expanded sales and service tax (SST) is expected to raise its rental and medical tourism costs.
In a note to clients, MIDF Research highlighted that KPJ had injected two hospital properties – a 15-storey building at KPJ Ampang Puteri and a 10-storey building at KPJ Penang – into Al-‘Aqar Healthcare REIT for a total of RM241mil.
