<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on December 2, 2015.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><strong>KPJ Healthcare Bhd (+ve)</strong></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Shares of KPJ (Fundamental: 0.8/3, Valuation: 1.1/3 rose 1.2% to close at RM4.31 yesterday, on heavy volume.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The company announced its latest earnings results last Thursday. For 9M2015, revenue grew 11.6% y-y to RM2.1 billion, due mainly to increased contributions from existing and newly opened hospitals. As a result, net profit expanded 16.1% to RM108.0 million.</p></div>

<div class=newsTextDataWrapInner><p>Concurrently, KPJ declared a third interim dividend of 1.75 sen, which will go “ex” on December 29. This brings total dividends for FY15 to 5.25 sen, so far.</p></div>

<div class=newsTextDataWrapInner><p>KPJ is primarily a private healthcare provider, operating 25 specialist hospitals in Malaysia, 2 in Indonesia and 1 in Bangladesh.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>On November 20, KPJ signed a sale and purchase agreement to acquire a building to be constructed on a 6.3-acre land in Johor Bahru for RM90 million. The land and building, part of a mixed development known as ‘Coronation Square’, will be used to provide healthcare facilities, comprising outpatient centre and senior living service apartments.</p></div>

<div class=newsTextDataWrapInner><p><img alt="KPJ-Healthcare_swm_fd_021215" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/KPJ-Healthcare_swm_fd_021215.png" /></p></div>


This article first appeared in The Edge Financial Daily, on December 2, 2015.

 

KPJ Healthcare Bhd (+ve)

Shares of KPJ (Fundamental: 0.8/3, Valuation: 1.1/3 rose 1.2% to close at RM4.31 yesterday, on heavy volume. 

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<p>Corporate services provider Amicorp Group has denied allegations it knowingly facilitated more than US$7 billion (RM31.43 billion) in fraudulent transactions related to the misappropriation of funds from scandal-hit Malaysian state fund 1Malaysia Development Bhd (1MDB).</p>


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<p>Stocks in Asia traded in tight ranges amid relatively thin holiday trading after a rally in some of the world’s largest technology companies boosted US benchmarks.</p>


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<p>Agrochemicals giant Syngenta Group Co signed a US$4.5 billion (RM20.2 billion) sustainability-linked loan, according to a company statement on Monday, in Asia’s largest such dollar facility this year.</p>


<p>Rain and thunderstorms are expected to hit Selangor, Negeri Sembilan, Sabah, and Sarawak on Christmas morning.</p>


<p>Swiss private equity firm Partners Group Holding AG is looking to rearrange its India portfolio that has quadrupled to more than US$8 billion (RM35.88 billion) since it first started investing in the country a decade ago, according to a top company official.</p>


<p>South Korea’s main opposition party said it will start impeachment proceedings against Prime Minister and Acting President Han Duck-soo.</p>


<p>Saks Global completed its US$2.7 billion (RM12.11 billion) acquisition of Neiman Marcus, creating what the company says is a multibrand luxury giant that’s powered by the technology of its high-profile investors, Amazon.com Inc and Salesforce Inc.</p>
