KUALA LUMPUR, Jan 14 — Private healthcare operator, TMC Life Sciences Bhd, will expand the facilities at its flagship hospital, Tropicana Medical Centre, with the first phase costing between RM250 million and RM300 million.

In a filing to Bursa Malaysia today, TMC Life said the first-phase expansion included the construction of a new building to house another 180 in-patient beds, 11,891 sq metre of specialist outpatient clinics, five extra operating theatres and 15,793 sq metre of commercial/retail space.

“The first phase is expected to commence in the first half of 2016 and it would take four years to complete.

“We will finance the first phase via existing cash and bank balances and surplus of cash from existing operations. As at December 31, 2014, cash and bank balances stood at RM190.8 million,” it said. — Bernama