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Market Chatter: Matrix Concepts' Healthcare Unit Invests Nearly MYR11 Million to Upgrade Infrastructure

MT Newswires Live
Sep 28

Mawar Medical Centre, the healthcare arm of Matrix Concepts (KLSE:MATRIX), has invested 10.6 million ringgit to upgrade its infrastructure and advanced medical equipment for financial year 2026, The Star reported on Monday, quoting Pusat Hemodialisis Mawar (PHM) chairman Lee Tian Hock.

The company's shares were up 1% in recent trade.

PHM owns Mawar Medical Centre in Seremban, Malaysia, which is operated and managed non-clinically by Matrix Concepts.

The investment is part of the hospital's ongoing expansion, where its licensed bed capacity grew from 97 to 109, while average operational beds rose to 97 from 84.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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