KUALA TERENGGANU: Plantation and healthcare outfit TDM Bhd
, a subsidiary of the Terengganu state government, has invested RM29.1 million to build two hospitals this year.
Its executive director, Najman Kamaruddin said the group’s healthcare sector contributes more than 50 per cent to the overall profits and the two new hospitals are expected to increase the profits considerably.
"An investment of RM14.1 million is allocated for the construction of the 100-bed KMI Chukai Medical Centre in Kemaman, while Razif Hospital, in Klang, Selangor, involves an investment of RM15 million for the takeover process.
"Both of these hospitals will be managed by TDM’s subsidiary Kumpulan Medic Iman Sdn Bhd (KMI Healthcare),” he said during a press conference after presenting RM2.9 million to the Terengganu State Heritage Trust Fund Board (LTAWNT), which is part of the company’s joint venture profit agreement for 2022, at Wisma Darul Iman, here today.
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