Private medical centre in Kuching Paragon project: Naim MD
KUCHING: A new private hospital will be the latest addition to Naim Holdings Berhad’s Kuching Paragon integrated development near Jalan Batu Lintang here.
Naim Holdings Berhad managing director Datuk Hasmi Hasnan revealed that there were some changes to the development project when met yesterday.
“There is a hospital group from Singapore who have just acquired the local hospital in Kuching and they are planning to make it bigger,” said Hasmi.
“One of the locations is Kuching Paragon and of course we need to obtain approval from the authorities. They have just gained approval from the Health Ministry and next they have to get approval from the state government.
“That will be the next addition, while plans to construct a shopping mall (at Kuching Paragon) might come later,” he said.
Hasmi joined Naim Holdings Berhad delegates during a courtesy call on Chief Minister Datuk Patinggi Abang Johari Tun Openg at Wisma Bapa Malaysia yesterday.
Leading the delegation was Naim Holdings Berhad chairman Datuk Amar Abdul Hamed Sepawi.
“Eight years ago, we signed a Memorandum of Understanding with Tabung Baitulmal Sarawak (TBS) and Sarawak State Mosque Welfare Trust Board (LAKMNS) to develop Kuching Paragon,” said Hasmi.
“Now we formalise it with Naim holding 70 per cent of the shares, 15 per cent is held by LAKMNS and 15 per cent by TBS with each of them contributing RM1.5mil as paid-up capital.”
Hasmi said from the joint venture, a total of RM190mil had been spent on developing Kuching Paragon, with most of the capital advanced by Naim.
“The reason why we brought in Baitulmal is that they are a strong investment group and we want them to also develop Kuching Paragon.”
He added, in the case of LAKMNS, both himself and Abdul Hamed contributed some donations to the trust board for them to take equity in the project.
Meanwhile, a representative of the Singaporean investors, Cheris Goh, said the group chose Kuching as it was the heart of medical tourism in Sarawak and also neighbouring Kalimantan, Indonesia. “We believe that with the new hospital, it will drive the economy and improve the standard of healthcare in Kuching.”