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Sunway Healthcare Unit to Acquire Johor Land for MYR45 Million

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Sunway Healthcare's (KLSE:SUNMED) subsidiary, Sunway Medical Centre, signed an agreement to acquire four parcels of freehold land in Johor for 45.4 million ringgit, according to a Wednesday filing with Bursa Malaysia.

The integrated healthcare provider will utilize the 9.918 acres land to develop a 410-bed hospital, with an estimated development cost of around 781.6 million.

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