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Thursday, October 27, 2011

Govt extends Faber hospital support services for 6 months (Edge)

The federal government has extended FABER GROUP BHD []’s hospital support services concession for an interim period of six months, starting Friday, Oct 28.

It said on Thursday it unit Faber Medi-Servce Sdn Bhd had received a letter from the Public Private Partnership Unit of the Prime Minister's Department about the extension of the contract.

Faber said the extension was subject to the prevailing terms and conditions of the concession or until the signing of a new concession agreement for the privatisation of services with the Health Ministry, whichever is the earlier.

“The six months interim extension is not to be considered as binding on the Government of Malaysia,” it said.

Faber said more announcements would be made concerning the privatisation of the services when the negotiations with the government have concluded.

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