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KPJ sells Indonesian business for RM150mil

KPJ Healthcare Bhd has entered into a share sale agreement with PT Nusautama Medicalindo (PTNM) to dispose its Indonesian hospital operations and facilities for an enterprise value of RM150.2mil.

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KPJ sells Indonesian hospital operations

KUALA LUMPUR: KPJ Healthcare Bhd has entered into a share sale agreement with PT Nusautama Medicalindo via three subsidiaries for the proposed disposal of its Indonesian hospital operations and facilities involving KPJ Medica for a total consideration based on an enterprise value of RM150.2 million.

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