Basic HTML Version
29
Statement to Shareholders
Annual Report
2012
KPJ Healthcare Berhad
As at 31 December 2012, the Group’s
market capitalisation had increased by 33%
to RM3.67 billion compared to RM2.75
billion in 2011. On the basis of this market
capitalisation, KPJ was ranked 66th
among the top 100 companies by market
capitalisation on Bursa Securities as at end-
2012, up from 75th place as at end-2011.
While our gearing ratio increased slightly to
0.6 times in 2012 compared to 0.5 times
in 2011 due to our new projects as well
as expansion and acquisition exercises,
we believe that it is at a level which is still
attractive to investors.
Stakeholder Engagement
KPJ is committed to undertaking timely and
transparent corporate disclosure activities to
build investor confidence and strengthen ties
with the investing community.This has helped
us make strong inroads among investors and
enabled us to be covered by more research
houses.
Over the course of 2012, KPJ’s management
and investor relations team met with analysts
and fund managers from investment
and stockbroking companies to provide
updates on the developments undertaken
by KPJ. Meetings were held with more than
79 investors while we participated in 7
conference calls and some 17 conferences
held by investment banks and analysts.
These platforms provided the Group the
opportunity for open communication as well
as enabled us to establish ties with new fund
managers and other parties interested in the
Group.
We continue to communicate our ideas
and hold healthy discussions with our
shareholders during our Annual General
Meeting as well as in dialogues with
shareholders and other parties such as
the Minority Shareholders Watchdog Group
on other occasions. To ensure timely and
equitable dissemination of information to
all stakeholders, the Group makes public
announcements on KPJ’s website in
accordance with good disclosure practices.
Awards and Accolades
KPJ continues to bring home a host of
awards and accolades that bear testament
to our strong stakeholder relationships and
the dedication of our team in pursuing quality
healthcare and operational excellence. The
year saw us once again being accorded the
title “Healthcare Service Provider of the Year”
by Frost & Sullivan, while we were also the
Gold Winner in the Private Hospital category
under the Reader’s Digest Most Trusted
Brand Awards. These awards underscore the
fact that we are on track with our vision to be
the Preferred Healthcare Provider in Malaysia.
This was followed by KPJ receiving the
Employer of Choice Award 2012 (Silver
Award) and HR Leader of the Year Award
(Silver Award) from the Malaysian Institute
of Human Resource Management. These
awards attest to the good inroads we are
making in the way of nurturing our workforce
and implementing effective human capital
development activities.
In November 2012, the Young Entrepreneurs
Organisation Malaysia awarded us their CSR
Leadership Award 2012 in recognition of
our commitment as a responsible corporate
citizen. These and other awards are doing
much to reinforce KPJ’s leading position
as Malaysia’s foremost private healthcare
provider from a holistic perspective. Our
stakeholders can rest assured that we will
continue to maintain the good momentum
achieved thus far and set our sights on new
heights of success.
KEY INITIATIVES
KPJ continues to grow from strength to
strength on the back of strategies that
see us undertaking expansion, optimising
existing resources, empowering our people,
embracing new skills, processes and
technologies, as well as ensuring a rigorous
adherence to regulatory concerns and
industry standards. All these ultimately aim to
ensure we render not just high quality services
to all our customers but that we serve them
with compassion and an undivided attention
to patient safety so that our philosophy “Care
for Life” is reflected in every aspect of our
operations.
In 2012, we continued to embark on initiatives
to reinforce the Group’s leading position in the
marketplace.
Hospital Developments in Malaysia
Given the strong demand for quality
healthcare services in Malaysia today, all
KPJ’s existing 22 hospitals are running at
almost full capacity. These hospitals are at
various stages of development. To cater to
the rising demand for quality hospitals and to
ensure a sustainable pathway for the Group
in a highly competitive healthcare sector,
KPJ continues to set its sights on growing its
network and expanding its existing capacity.
In KPJ’s last Annual Report, we highlighted
that we would take on seven new
development projects over eight years and
expand our existing hospitals. Since then,
another two new hospital projects have been
identified and we anticipate that the plan will
continue to evolve in tandem with market
demand. Our plan is to roll out a minimum
of two new hospitals per annum to meet high
market demand.
YB Dato’ Mustapha Mohamed, Minister of International Trade and Industry presenting an award to Amiruddin Abdul
Satar for GoldWinner in the Private Hospital category under the Reader’s Digest Most Trusted Brand Awards.