Keat Chyuan CHIN’s Post

Yesterday, I had the opportunity to visit Dhaka, Bangladesh as part of my Sharing Tour since I came onboard in September 2023. In Dhaka, we operate a 250-bedded hospital known as Sheikh Fazilatunnessa Mujib Memorial KPJ Specialist Hospital & Nursing College (“KPJ Dhaka), a partnership that we have with Father of the Nation Bangabandhu Sheikh Mujibur Rahman Memorial Trust (“Trust”). The Honourable Prime Minister of Bangladesh, Sheikh Hasina is the Chairman of the Trust. One of the highlights of our trip was meeting with the Honorable Prime Minister of Bangladesh. It was truly inspiring to hear her vision for the betterment of her people and to discuss the partnership between her Trust and KPJ Healthcare. Also at the meeting was Mr Nazmul Hassan Papon, Bangladeshi Minister of Youth and Sports who is also a member of the Trust. Additionally, we had fruitful discussions with the Malaysian High Commissioner to Bangladesh, Her Excellency Haznah Md Hashim on ways to collaborate and promote health tourism, further strengthening ties between our institutions and the local community. Visiting our hospital in Gazipur district area was a rewarding experience as we interacted with the dedicated staff and had made our hospital to stand as a beacon of quality healthcare in the region. I am proud to witness first-hand that our spirit of Care for Life transcends borders and is evident everywhere in the world! #kpj #careforlife

Last night, on 1st April 2024, we had the privilege of launching our CSR Ramadan Raya Program: "Jalinan Kasih Prihatin with Homeless Communities" right here in Chow Kit, Kuala Lumpur. This initiative is close to my heart as we strive to foster community engagement and compassion during the holy month of Ramadan. What made this program that translated our Care For Life purpose even more special is our collaboration with mStar (Star Media Group Berhad). Together, we reached out to marginalized communities, especially homeless families and children. We provided essential items such as bread, hygiene kits and groceries. Our dedicated Team KPJ volunteered tirelessly, supported by our Mobile Clinic Waqaf An-Nur. I am proud to mention that Datuk Dr Mohammad Iqbal Mohammad Sarwar from Damansara Specialist Hospital was also present to provide medical assistance to the patients. Witnessing our efforts firsthand has been incredibly meaningful. I hope that our contributions yesterday have brought some relief and comfort to those we served. Let's continue spreading kindness and making a difference in the lives of others. Together, we can create a brighter and more compassionate world. #KPJHealthcare #CSR #CareForLife

Reviewing our financial results announced last Friday, which garnered significant attention for their positive outcomes, I engaged in dynamic and informative sessions with analysts and investors in the morning, followed by similar discussions with the media in the afternoon. All were keen to understand our financial performance and strategies for 2024, so I began by reviewing our recent outstanding results, which I would briefly recap here. In the financial year ended December 31, 2023, our revenue surpassed RM3 billion, a record-breaking achievement, with a PATAMI of RM281 million, marking a 57% increase. We were also proud to announce a dividend increase of 68% to 3.35 sen per share. The robust demand and revenue intensity were crucial to our success in FY2023, and so is the dedication of Team KPJ and the continued trust from both patients and shareholders. A significant focus of interest at the sessions was Health Tourism, and I outlined our plans to maximise its potential, including leveraging the admission of two of our hospitals - KPJ Damansara Specialist Hospital and Damansara Specialist Hospital 2 - into the Mayo Clinic Care Network. Furthermore, I shared insights into our forthcoming initiatives, including our robotic program and the Academic Health System, aimed at creating additional value for our patients. Despite the session being held four days post-results announcement, the level of engagement from attendees was highly encouraging. As a leader of a public listed company, I am committed to transparency and governance. Fostering open communication with our stakeholders is important to me. Our share prices traded on Bursa Malaysia have demonstrated remarkable progress in recent months. I am grateful for the support we have received, and it serves as a strong motivation for both myself and Team KPJ to strive for even greater achievements in the months ahead. #KPJHealthcare #CareForLife

I am thrilled to share that today marks a significant milestone for KPJ Healthcare Bhd as we proudly announce the inclusion of two of our hospitals in the prestigious Mayo Clinic Care Network. This collaboration not only signifies a remarkable achievement for us but also holds huge promise for our nation's healthcare landscape. This is indeed a step forward as we dream of a future where Malaysia becomes a hub for healthcare excellence. The collaboration today also brings us closer to the vision of global experts looking to us for inspiration and where the work of our hospitals plays a significant role in shaping policies, influencing practices and driving positive change in the field. Starting with KPJ Damansara Specialist Hospital and Damansara Specialist Hospital 2 as a member of this network, we are poised to enhance our clinical excellence by connecting our experts with Mayo specialists for complex cases. Our aim is to establish KPJ Damansara Specialist Hospital as a leading Cancer Centre, expanding into more sub-specialties to improve patient care outcomes. Meanwhile, at Damansara Specialist Hospital 2, we are committed to leveraging technological advancements to deliver exceptional clinical outcomes, particularly through the establishment of Centres of Excellence starting with the Heart and Lung Centre. In essence, this collaboration with Mayo Clinic signifies our commitment to elevating healthcare practices not only within our hospitals but also throughout our KPJ network, Malaysia, and beyond. I extend my heartfelt appreciation to the esteemed guests who joined us for today's announcement, especially Datuk Seri Dr. Hj Dzulkefly Ahmad, Minister of Health Malaysia, and Datuk Syed Mohamed Syed Ibrahim, President and Chief Executive of Johor Corporation Berhad, for his visionary leadership that paved the way for this collaboration. Dr. Stacey Rizza, Mayo Clinic's Executive Medical Director for International Practice and Asia Pacific, was also present, representing Mayo Clinic. Stay tuned for more updates as we embark on this transformative journey towards shaping the future of healthcare. #MayoClinicCareNetwork #HealthcareExcellence #KPJHealthcare

I had an insightful conversation yesterday with the Minister of Health, YB Datuk Seri Dr. Dzulkefly Ahmad, where we exchanged ideas on how to deliver high value-based healthcare to patients. We discussed the significance of digitalisation in healthcare and the importance of Electronic Medical Records (EMR) to improve overall patient care. KPJ Healthcare is fully committed to supporting MOH’s efforts to provide top-notch healthcare services to our communities. We look forward to partnering with MOH in achieving this shared objectives for the betterment of our nation. #drdzulkeflyahmad #CareForLife #KPJHealthcare

I am thrilled to share the exciting news of our remarkable third quarter FY2023 achievements at KPJ Healthcare, and I want to extend my heartfelt gratitude to our dedicated doctors, nurses and personnel for making this possible. As announced yesterday, in Q3 FY2023, KPJ Healthcare achieved a historic milestone, recording a revenue of RM925.4 million, representing a 16.0% increase compared to Q3 FY2022. Our Profit After Tax and Profit Before Tax reached RM97.3 million and RM133.1 million, respectively, showcasing a remarkable growth of 71.0% and 50.0%. Additionally, our bed occupancy rate soared to an impressive 73%, the highest in recent history. For a detailed overview of our financial performance, please visit our official announcement: https://lnkd.in/gB8_w8WG. Today, I had the pleasure of meeting with investors and analysts at our Investor Briefing held at Damansara 2 Specialist Hospital. I am truly encouraged by the strong turnout. To those who attended, thank you for your keen interest in KPJ Healthcare. During the briefing, I not only explained our financial results but also shared valuable insights gained in my first three months at KPJ Healthcare, after my engagement with over 500 clinicians, management and staff across 18 hospitals. I mentioned my direction of phased implementation of strategies and initiatives aimed at bridging gaps and optimising outcomes. I am eager to work with Team KPJ in accelerating our performance in both financial and healthcare excellence. For more updates and insights, stay connected with KPJ Healthcare. Thank you for being part of our success story and we look forward to your continuous support! #KPJHealthcare #CareForLife

At KPJ, we firmly believe that our people are our greatest asset. We are a One Team, One Dream Group that embraces diverse perspectives and backgrounds. We are dedicated to ensuring that every member of our team has a truly enriching experience with us. Today marks a significant milestone for KPJ as we launch a massive Night Career Fair across 29 of our hospitals nationwide, all simultaneously! We are thrilled to announce that this incredible feat has earned us a place in the Malaysia Book of Records as the "Most Career Fairs Running Simultaneously"! To all those seeking a rewarding career with KPJ, we invite you to join our Night Career Fair happening today and tomorrow from 5 pm to 11 pm. We are making it easy for you to come to us by having this after office hour. Consider this your first step towards unlocking your potential, fulfilling your dreams, breaking barriers or setting new standards. Join Team KPJ and be part of an environment that celebrates diversity and inclusiveness. Come and be a part of our KPJ family! #TeamKPJ #CareerFair #OneTeamOneDream #KPJHealthCare #CareForLife

As a 3-star PLC in the FTSE4Good Bursa Malaysia Index, KPJ Healthcare Bhd is committed to driving positive change. So, I am proud to announce that we have recorded another significant milestone in our sustainability journey with the signing of the Supply Agreement of Renewable Energy (SARE) with Tenaga Nasional Berhad (TNB) and GSPARX Sdn. Bhd in a ceremony held at KPJ Bandar Dato’ Onn Specialist Hospital today. This transformative partnership marks the beginning of a groundbreaking initiative: the installation of rooftop solar panels across all our hospitals within the next year. Recognizing that hospitals are significant consumers of energy, our goal is to source 10 percent of our energy from renewable sources by 2025. Through our collaboration with GSPARX, the solar panels will contribute 5 percent of our hospitals' electricity needs, resulting in a 5 percent reduction in our carbon footprint. KPJ has always been at the forefront of ESG initiatives. In addition to our award-winning Klinik Wakaf An-Nur (KWAN) network for healthcare accessibility and affordability, we recently became the first private healthcare provider in Malaysia to implement a clinical waste segregation initiative. A special thanks to Datuk Ir. Megat Jalaludin Megat Hassan, Chief Operating Officer, TNB and En. Mohd Razif Abd Halim, Managing Director, TNBX and En. Elmie Fairul Mashuri, Managing Director, GSPARX for their presence at today's event. Thank you for being KPJ’s partner in our renewable energy efforts. Let us continue to lead the way in creating positive impact and inspiring change. #KPJHealthcare #Sustainability #RenewableEnergy #ESG #HealthcareInnovation #CareForLife

I am thrilled to share another major milestone for KPJ Healthcare Bhd! We have pioneered a clinical waste segregation initiative, a first in the country, in collaboration with Cenviro Sdn Bhd, with the support of the Department of Environment. A signing ceremony was held between KPJ and Cenviro this morning. While I represented KPJ, Director and Group Managing Director Dr. Johari Jalil represented Cenviro. We were honoured to have Dr. Norhazni Binti Mat Sari, Deputy Director General of Department of Environment (DOE) at the ceremony, which marks a significant step toward a healthier and more sustainable future for KPJ and Malaysia. As the largest network of hospitals in the country, KPJ is fully committed to addressing the global challenge of clinical waste in the healthcare industry. Our pilot project, launched on August 1, 2023, involved nine hospitals in the Central region, showcasing promising results with a 40% reduction in total clinical waste. Where appropriate, the waste was also reprocessed and repurposed. With the success of the pilot, we are excited to extend this initiative to all our hospitals. We surely have demonstrated that when we come together, we can achieve remarkable things! #KPJHealthcare #CareForLife #ClinicalWasteInitiative #SustainabilityLeadership #HealthcareInnovation