Metro Healthcare calls off RM9.5m acquisition of Subang Jaya four-storey shopoffice
The property, measuring 12,176 sq ft, is presently leased and operating as a private maternity hospital.
The property, measuring 12,176 sq ft, is presently leased and operating as a private maternity hospital.
Ang said the initiative fits the group’s mission of building sustainable, liveable townships that go beyond physical development.
On a separate development, Amirudin said the reconstruction and repair works for the affected homes are ahead of schedule.
"Since the incident, the company has mobilised substantial efforts to ensure public safety, support the impacted community, and maintain gas supply continuity across the country.
While the pipeline met technical specifications, a segment of it was not fully supported by the ground beneath, which was found to be soft and moist.
Blueprint for Wellness is a special edition from EdgeProp Malaysia that highlights developments that are leading the way in health-oriented designs across the nation.
According to its exchange filing on Wednesday, the property is being purchased from Ahmad Fuad Ismail and it comprises two individual titles with a combined land area of approximately 401.
The disposal is expected to unlock the value of the assets while allowing KPJ to retain operational control through a leaseback structure.
With this acquisition, Metro Healthcare said it is committed to enhancing access to high-quality OB-GYN services in Malaysia, particularly in high-demand urban locations.
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