KPJ Healthcare announced that Rawang Specialist Hospital Sdn. Bhd., an indirect wholly-owned subsidiary issued a
letter of acceptance to JLG & BP Design Sdn. Bhd, a 60% owned subsidiary JCorp unit for the renovation work for Damansara Specialist Hospital 2 worth RM15.9 million.
The renovation consists of one suite of approximately 6,800 sq. ft. (“Royal Suite”) and six suites of collectively approximately 8,000 sq. ft. Both KPJHB, via RSH had previously entered into a tenancy agreement with Pelaburan Hartanah Berhad for the tenancy of DSH2 for a period of 15 years with the option to renew for another 15 years. PHB is the owner of the hospital building (DSH2) and the initial tenancy agreement between RSH and PHB is until 31 December 2036. The rental is expected to be RM111,666.00 per month.
