Khazanah to sell RM1 billion stake in Prince Court to IHH | The Malaysian Insight

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Khazanah to sell RM1 billion stake in Prince Court to IHH

Khazanah acquired Prince Court Medical Centre in 2018 with the view of building up the healthcare services sector in Malaysia and promoting Kuala Lumpur as a destination of choice for quality healthcare in the region. – pic from princecourt.com, September 17, 2019.

KHAZANAH Nasional Bhd is divesting its 100% interest in Prince Court Medical Centre Sdn Bhd , which operates a healthcare facility in Kuala Lumpur’s Golden Triangle, to IHH Healthcare Bhd for RM1.02 billion in cash. Its wholly-owned indirect subsidiary, Pulau Memutik Ventures Sdn Bhd, today signed a conditional agreement to sell PCMC to IHH’s indirect unit Pantai Holdings Sdn Bhd.

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Source: News Formal (newsformal.com)

 

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Khazanah to divest Prince Court to IHH for RM1.02b | Malay MailKUALA LUMPUR, Sept 17 — Khazanah Nasional Bhd is divesting its 100 per cent interest in Prince Court Medical Centre Sdn Bhd (PCMC), which operates a healthcare facility in Kuala Lumpur’s ‘Golden Triangle’, to IHH Healthcare Bhd for RM1.02 billion in cash. Its wholly-owned indirect...
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