KUALA TERENGGANU: Plantation and healthcare group TDM Bhd has invested RM29.1mil in two new hospitals this year.

       Executive director Najman Kamaruddin said the healthcare sector contributes about 50% to the group’s overall profits and the two new hospitals are expected to increase the profits considerably.

       “An investment of RM14.1mil is allocated for the construction of the 100-bed KMI Chukai Medical Centre in Kemaman, while Razif Hospital, in Klang, Selangor, involves an investment of RM15mil for the takeover process.

       “Both of these hospitals will be managed by TDM’s subsidiary Kumpulan Medic Iman Sdn Bhd,” he said at a press conference.

       He said this after presenting RM2.9mil to the Terengganu State Heritage Trust Fund Board, which is part of the company’s joint-venture profit agreement for 2023, here yesterday. — Bernama