KUALA LUMPUR: KPJ HEALTHCARE BHD [] plans to increase the number of hospitals by another one to two from the 20 now.
A company official said on Wednesday, April 13 said the healthcare group had also identifies sites in Malaysia for a proposed retirement home focusing on providing care for the elderly. The feasibility for such a project was underway.
In September, 2010, KPJ Healthcare's unit Kumpulan Perubatan Johor Sdn Bhd (KPJSB) announced it was acquiring a 51% stake in Australian retirement village operator Jeta Gardens Waterford Trust (JGWT) for RM19 million cash.
Simultaneously, the AL-AQAR KPJ REIT [], of which KPJ is the largest unit holder with a 49.4% stake, has proposed to acquire JGWT's real property assets located on 64 acres (25.6 hectares) of land in Bethania and Waterford in Queensland, Australia.
JGWT operates a retirement village while its unit, Jeta Gardens Aged Care Waterford Trust (JGACWT), operates an aged care facility.
A company official said on Wednesday, April 13 said the healthcare group had also identifies sites in Malaysia for a proposed retirement home focusing on providing care for the elderly. The feasibility for such a project was underway.
In September, 2010, KPJ Healthcare's unit Kumpulan Perubatan Johor Sdn Bhd (KPJSB) announced it was acquiring a 51% stake in Australian retirement village operator Jeta Gardens Waterford Trust (JGWT) for RM19 million cash.
Simultaneously, the AL-AQAR KPJ REIT [], of which KPJ is the largest unit holder with a 49.4% stake, has proposed to acquire JGWT's real property assets located on 64 acres (25.6 hectares) of land in Bethania and Waterford in Queensland, Australia.
JGWT operates a retirement village while its unit, Jeta Gardens Aged Care Waterford Trust (JGACWT), operates an aged care facility.
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