16. INVESTMENTS IN ASSOCIATES
Group
2014
2013
RM’0
RM’000
RM’000
(Restated)
Quoted ordinary shares in Al-'Aqar Healthcare REIT, at cost
327,891
342,967
Disposal
(4,618)
(15,076)
323,273
327,891
Unquoted ordinary shares, at cost
65,799
65,799
Group’s share of post acquisition retained profits and reserves less losses
85,919
74,234
474,991
467,924
Market value of quoted ordinary shares in Al-'Aqar Healthcare REIT
461,967
437,206
The associates of the Group are as follows:
Effective equity
interest
Name of company
Country of
incorporation 2014
2013
Principal activities
%
%
Unit trusts
Al-'Aqar Healthcare REIT ^
Malaysia
49
49 Real estate investment trust
Associates of KPJSB
Kedah Medical Centre Sdn Bhd
Malaysia
46
46 Operating as a specialist hospital
Hospital Penawar Sdn Bhd
Malaysia
30
30 Operating as a specialist hospital
Healthcare Technical Services Sdn Bhd
Malaysia
30
30 Project management and engineering
maintenance services for specialist
hospital
Vejthani Public Company Limited *
Thailand
23
23 International specialist hospital
^ Listed on the Main Market of Bursa Malaysia Securities Berhad.
* Audited by a firm other than Ernst & Young.
257
Notes to the
Financial Statements
For the financial year ended 31 December 2014 (continued)
KPJ Healthcare Berhad annual report
2014
