KUALA LUMPUR, Jan 24 (Bernama) -- Malaysian Resources Corporation Bhd’s (MRCB) unit, MRCB Land Sdn Bhd, is involved in a joint venture to construct a hospital in Melaka.
In a statement today, the construction outfit said that the gross development cost for Phase 1 is estimated to be approximately RM520 million.
The joint venture and shareholder agreement were signed between MRCB Land, Melaka Corporation’s PM Multilink Sdn Bhd (PMM), and Majestic Quest Sdn Bhd (MQSB).
MQSB is a 70:30 joint venture company between MRCB Land and PMM.
The hospital will be leased to Putra Specialist Hospital (Melaka) Sdn Bhd.
MRCB said that the hospital will have 300 beds, which will be provided for future expansion.
About 100 consultant suites will be allocated by discipline, and space for ancillary services such as laboratory and pathology.
-- BERNAMA
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