News about hospital

The latest contract is Ahmad Zaki's second win from the public works department in 2024.

The company’s construction arm announced on Wednesday (May 15) that it landed a contract worth RM174.

To be completed in 36 months, the contract is slated for completion by May 21, 2027, Mitrajaya showed in a bourse filing.

KL International Tertiary Hospital will have an estimated development value of RM1 billion.

​In a note on Thursday, the research house maintained its "buy" call on the REIT following its acquisition, with a higher fair value (FV) of RM1.

YTL REIT boasts a total of 10 hotel properties in Malaysia, including hotel chains such as JW Marriott Hotel Kuala Lumpur, The Majestic Hotel Kuala Lumpur and The Ritz Carlton Hotel Kuala Lumpur.

The hospital will be the centrepiece of KL Wellness City, poised to be a world-class hub for both domestic and international healthcare and medical services, featuring centres of excellence across areas including cardiology, spine health, neuro health, sports medicine, cosmetic surgery and fertility.

With the three upcoming properties, ONYX will have a total of seven properties in its Malaysian portfolio as it currently manages Amari Johor Bahru, OZO George Town Penang, Amari SPICE Penang and Amari Kuala Lumpur.

There will be two new Shama properties in China (Shama Hub Metro South Hong Kong and Shama Hub Qiantang), two in Malaysia (Shama Medini Malaysia and Shama Suasana Johor Bahru) and one in Thailand (Shama Luxe Sathorn).

YTL Corp also operates in the hotels segment through YTL Hospitality REIT, where it holds a 55% direct and a 3.