Malaysia’s state-owned Johor Corp exploring options for KPJ Healthcare

Photo by Hush Naidoo on Unsplash

Johor Corp., a Malaysian state-owned investment company, is weighing strategic options for health-care provider KPJ Healthcare Bhd., according to people with knowledge of the matter.

The investment arm of the Johor state government is seeking ideas from potential advisers, said the people. Options could include bringing in an investor with experience in the sector or a merger with another hospital operator, said the people, who asked not to be identified as the process is private.

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