WPH Invests THB 1.25 Billion for New Hospital in Phuket and MRI Machines

Wattanapat Hospital Trang Public Company Limited (SET: WPH) has informed the Stock Exchange of Thailand that the company’s Board of Director Meeting No.4/2024 held on 13 November 2024 has resulted in the following resolution.

1.) The investment in the construction of a new hospital in Phuket Province to provide services to customers in Phuket and surrounding provinces, involving the purchase of vacant land totaling approximately 9 Rai 3 Ngan and 90.10 Square Wah, at a value of THB 370 million.

The investment in the construction of the hospital at a value of THB 540 million, and the purchase of medical equipment and devices at a value of THB 290 million. The total estimated budget for the project is approximately THB 1,200 million. 

2.) Wattanapat Ao Nang Hospital Company Limited, and its parent company Wattanapat Trang, will purchase Magnetic Resonance Imaging (MRI) from Siemens Healthcare Limited with a total value of THB 53.05 million. The unit is scheduled to be delivered to Wattanapat Ao Nang within 2025 and 2027 for Wattanapat Trang.