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KPJ Healthcare Shares Up After Its Announces Development Plan
Last update: 20/06/2014
KUALA LUMPUR, June 20 (Bernama) -- KPJ Healthcare Bhd shares on Bursa Malaysia rose this morning after the company announced its development plan Thursday.
As at 11.00 am, the counter was up one sen at RM3.28 after opening flat at RM3.27 with 263,500 shares transacted.
KPJ announced on Thursday that it was looking to add seven to eight more new hospitals to its stable in the next five years in Perlis, Pahang, Sarawak, Malacca, Johor, Perak and the Klang Valley.
This would mean that in five years, KPJ could have around 33
hospitals with a total estimated development cost of RM1 billion.
KPJ also said that it could spend about RM100 million per year in capital expenditure.
-- BERNAMA
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| OPENING, TUESDAY, MAR 9| US | 4.1180/1230 | | S'pore | 3.0479/0520 | | 100 Yen | 3.7752/7805 | | Sterling | 5.6882/6967 | | Euro | 4.8769/8833 |
Source: Bank Negara Malaysia |
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