Healthway: Msia newspaper reports that a unit of Healthway has bought a piece of land near the Petronas Twin Towers in KL for ~RM 80m. The buyer is said to have paid an est RM1600 psf for the site, measuring a little over 50k sf, located just behind The Pearl Condo and btwn Suria KLCC and Pavilion. The land, which has potential for development, was reported to have an asking price of RM1800 psf last year...
This may be an indication that Healthway, which operates a network of private medical centres and clinics in Spore and China, may be looking to expand more aggressively into Msia.
No official announcement from the co as yet.
Stock is unchanged at 9 cts.
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