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Intrapreneur Companies
The Intrapreneur concept of Shared Growth and Shared
Prosperity was introduced in KPJ to develop entrepreneurial
talent among its staff members, and this initiative has paid
off in several ways.
KPJ has succeeded in bringing up talented employees by
cultivating their entrepreneurial spirit and this, in turn, has
also helped the Group develop new services that generate
additional income as well as further support the expansion
of KPJ hospitals care for patients.
Currently, there are four companies under the Intrapreneur
stable and they have performed well despite the economic
uncertainties. The four are Teraju Farma Sdn Bhd, Fabricare
Laundry Sdn Bhd, Healthcare IT Solution Sdn Bhd and
Skop Yakin (M) Sdn Bhd.
Teraju Farma
Teraju Farma’s core business is in supplying pharmaceutical
and medical equipment as well as hospital supplies and
it also acts as a sole distributor with warehousing and
distribution facilities for a number of products.
Aside from the KPJ Group, Teraju Farma is also actively
servicing the Government sector, as a tendering agent,
where it supplies pharmaceuticals, medical and healthcare
related products to over 150 health institutions nationwide.
Fabricare Laundry
Fabricare Laundry Sdn Bhd supports the KPJ Group
by undertaking laundry services for KPJ hospitals
in the Johor state and it also extends its services to
the hotels and convention centre that is operated by
Johor Corporation.
With its main office in Johor Bahru, Fabricare is currently
focusing its attention on the Johor market due to logistical
reasons, servicing both KPJ Johor Specialist Hospital and
Puteri Specialist Hospital, and will be offering its services
to the Group’s two new hospitals in Pasir Gudang and
Muar once they are operational.
Currently, KPJ hospitals account for almost three-quarters
of Fabricare’s business and the laundry service provider’s
revenue has shown improvement in fiscal 2011 in tandem
with higher patient numbers in both Johor hospitals.
Healthcare IT Solution
To enhance efficiency and reduce patients’ waiting time at
KPJ hospitals, the Group has continuously tapped on the
advantages of information technology (IT), implementing
the hospital information system and rolling out other IT
systems at these hospitals.
Healthcare IT Solution Sdn Bhd (HITSSB) was set up to
manage the healthcare IT system for KPJ hospitals and,
over time, has evolved to become a player in healthcare
solutions for KPJ and other customers.
The company continued to perform well in 2011, showing
positive growth as more systems are introduced to the KPJ
hospitals and external clients, and HITSSB is expected to
continue riding the ICT wave in Malaysia.
Skop Yakin
As with all other enterprises, KPJ is also a consumer of
printing and stationeries and the setting up of its Skop Yakin
(M) Sdn Bhd was aimed at leveraging on bulk purchasing
in order to bring down overall costs.
This company is still at its infancy, having been established
since March 2010, but is showing good revenue growth
from its provision of supplies to KPJ and other clients,
and holds much potential as the company continues
to actively bid for new contracts whenever business
opportunities arise.
Small Business Units
KPJ plans to continue supporting this Intrapreneur
initiative and in 2011, KPJ has identified four sub-
business units (SBUs), or incubator companies, that hold
much growth potential.
These SBUs are now operating under the wing of the
Group as they strengthen their foundation and prove
their business viability, before they are elevated into the
Intrapreneur programme.
To date, they have showed significant progress, with some
showing profits within the first year of operations, and are
expected to continue this upward momentum.
The four SBUs are involved in the supply of perishables,
ambulance services, home nursing services and
event management.
107 ANNUAL REPORT 2011