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Thursday Trivia: $KPJ / 5878 (KPJ HEALTHCARE BERHAD) - Malaysia's Leading Specialist Hospital

$KPJ / 5878 (KPJ HEALTHCARE BERHAD) is one of Malaysia's leading private healthcare providers, operating over 20 hospitals nationwide. However, did you know that most of KPJ's hospital buildings are owned and operated by $ALAQAR / 5116 (AL-`AQAR HEALTHCARE REIT)? The last acquisition by ALAQAR from KPJ was in 2022, when ALAQAR purchased three hospitals for RM192 million. This transaction was a related-party deal, as Johor Corp is the largest shareholder of both companies.

Any more interesting fact that you find about this? Let us know in the comment section below!

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