KPJ Healthcare Berhad - Annual Report 2014 - page 22

Strategic collaborations such as these reduce the
risks associated with development and construction
of a new hospital, to the benefit of all stakeholders.
The Damansara Specialist Hospital II is expected to
be completed in 2018 for long-term lease by KPJ.
Within our Ancillary Services segment, which is a
significant revenue contributor to the Group, Lablink
(M) Sdn Bhd, is currently developing a new
centralised laboratory which will boast cutting-edge
technology, qualifying it to be the only private lab in
the country to meet Molecular and Biosafety Level 3
(BSL3) requirements to test for highly infectious
diseases. In addition, Lablink will also work towards
ISO15189 accreditation. All these are veritable
feathers in its cap and contribute to further growth
of its operations which is already attracting sizeable
income from third parties. This would go a long way
towards gaining greater recognition among the
public, clients and other medical laboratories. With
Lablink Central, Lablink also aims to offer
consultation services for all pathology disciplines,
and to promote the medical laboratory profession.
The year under review saw the launch of the newly
refurbished, fully equipped and modern Kuala
Lumpur centre of KPJ Pusat Pakar Mata Centre For
Sight (CFS) – located in the iconic KPJ Tawakkal
Health Centre (THC). KPJ had invested more than
RM7 million for the renovation and state-of-the art
ophthalmic facilities. This Centre also has a
dedicated Operation Theatre and Day Care facilities.
With six specialists on board, it offers a range of
specialty services goes beyond the minimally
invasive laser technique to correct vision defects
(called Lasik Relex Smile) to cornea and vitreo-
retinal surgery, glaucoma treatment, cataract
removal, oculoplastic surgery and paediatric
ophthalmology.
Sterilisation of surgical equipment is an essential
component in the smooth running of any high-
quality hospital. As such, KPJ’s Centralised
Sterilisation Service Centre (CSSC) in Rawang,
handles all activities pertaining to the management,
supply, collection and delivery of sterile goods to
hospitals, both in the Group as well as an
increasing number of external hospitals within the
Klang Valley.
Given Malaysia’s ageing demographic – with an
estimated 14% of the population aged 60 years or
above by 2030 – we anticipate demand for aged care
services to increase sharply. We believe, further,
that the aged care services we are able to offer
would be attractive to senior citizens living in
temperate climates who would welcome the
opportunity to spend their winter months in a
warmer climate where they will be well looked
after. This niche health tourism market is certainly
an area we will look into in a more strategic
manner in the coming years now that we have
expanded into this healthcare realm.
We are also very excited about two new
Memorandums of Understanding (MoUs) signed for
the joint development of two hospitals. In October
2014, KPJ signed an MOU for a new specialist
centre in Sungai Penchala, Damansara. The project,
which will begin in 2015, is set to be developed by
Pelaburan Hartanah Berhad and subsequently
leased to KPJ. The proposed new 300-bed hospital
shall be equipped with the latest state-of-the-art
facilities and the 460,000 square feet development
would be leased by PHB to KPJ for 15 years upon
its completion in 2018.
KPJ had invested more than
RM7 million
for the renovation
and state-of-the art
ophthalmic facilities.
Health tourismmarket is certainly an area we
will look into
in a more strategic manner in the
coming years now that we have expanded into
this healthcare realm
020
KPJ Healthcare Berhad annual report
2014
President & managing
director’s statement
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