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KPJ Healthcare Bhd’s proposed share split exercise is expected to improve the trading liquidity of the company and appeal to a wider base of public shareholders, according to PublicInvest Research.
KUALA LUMPUR: KPJ Healthcare Bhd’s company issued warrants hit its limit up price of RM1.11 and tracked the gains from its mother share as the group is expected to benefit from a recovery in consumer sentiment this year.
KUALA LUMPUR: IBM’s Watson for Oncology for cancer care is now available in Malaysia through KPJ Healthcare Bhd and the hospital group will deploy this cognitive computing solution for its cancer patients at no additional cost to the latter.
KPJ Healthcare Bhd is on overdrive in its search for perfect-fit acquisitions as well as building new hospitals. “The name of the game is expansion. The private healthcare industry in Malaysia has been coming up very strongly. KPJ and other players are on the expansion mode. The demand is there because of the affluent society and good economy,” managing director Datin Paduka Siti Sa’diah Sheikh Bakir tells StarBizWeek.
KUALA LUMPUR: RAM Rating Services Bhd has lowered the outlook on the long-term rating of KPJ Healthcare Bhd unit, Point Zone (M) Sdn Bhd's RM500mil debt notes from stable to negative.