Ramsay Sime Darby Healthcare buys Manipal Hospitals Klang
Posted by Sparrow in Healthcare, Private Hospitals on Sep 14, 2021 .Sime Darby Berhad announced in April 2021 that its Joint Venture company, Sime Darby Healthcare has acquired Klang’s Manipal Hospitals, a 220-bed hospital which offers more than 30 speciality services including Klang’s only trauma centre.
The seller is Manipal Health Enterprises, India’s second largest multi-specialty hospital chain. Why did it sell its tertiary hospital in Malaysia?
According to the Economic Times of India, Manipal Health is keen to expand its footprint in Eastern India after it has completed its acquisition of 100% of Columbia Asia Hospitals.
50:50 Joint Venture
Ramsay Sime Darby Healthcare is a 50:50...
CCK Consolidated Holdings Berhad
Posted by Sparrow in Family Business, Listed on Bursa Malaysia on Sep 10, 2021 .Sibu-based CCK Consolidated Holdings Berhad is Sarawak’s biggest integrated poultry group with operations across the supply chain - feed mill, breeder farms, hatchery, broiler farms, layer farm, abattoir and retail stores. Its retail arm CCK Fresh Mart has 65 stores (1,200-400 sq ft per store) in East Malaysia and is still expanding. In 2020 the CCK Group opened its first two supermarkets, one in Kuching, Sarawak and the other in Kota Kinabalu, Sabah under the brand name CCKLocal which is several times larger than its retail store format.
At the helm of the CCK Group is its founder, Tan Sri Datuk Tiong Su Kouk (Executive Chairman)....
CCK Fresh Mart
Posted by Sparrow in Food, Convenience Store Chains on Sep 09, 2021 .CCK Fresh Mart is the retail arm of Bursa Malaysia main board listed CCK Consolidated Holdings Berhad (CCK). The first CCK Fresh Mart was opened in 1970. Sibu-based CCK is Sarawak’s biggest integrated poultry group with operations across the supply chain - feed mill, breeder farms, hatchery, broiler farms, layer farm, abattoir and retail stores. Presently CCK Fresh Mart has 65 stores (1,200-400 sq ft per store) in East Malaysia and is still expanding. CCK has also entered the supermarket arena with its first two supermarket branded as CCKLocal, one in Kuching, Sarawak and the other in Kota Kinabalu, Sabah. CCK also supplies its poultry to...
Pantai Hospital
Posted by Cheong Sally in BizVideo on Sep 06, 2021 .Beacon Hospital
Posted by Sparrow in BizVideo on Sep 06, 2021 .TE Asia Healthcare, backed by TPG Capital, buys significant stake in Beacon Hospital
Posted by Sparrow in Healthcare, Private Hospitals on Sep 03, 2021 .TE Asia Healthcare Partners, backed by US based TPG Capital, bought a significant stake in Beacon Hospital Malaysia in December 2020. Typical of the big funds, no details of how much they paid and what percentage they invested in Beacon Hospital were revealed.
TPG Capital is a global investment firm headquartered in San Francisco, California and Fort Worth Texas, USA. It manages US$96 billion in assets around the world.
Beacon Hospital is a medium-sized cancer specialist hospital located in Petaling Jaya, Selangor. It has 100 beds and more than 80 medical specialists. It recently received re-accreditation as an European Society...
PRESS METAL BERHAD - The Koon Brothers led by Tan Sri Dato' Paul Koon Poh Keong
Posted by Sparrow in Family Business, Listed on Bursa Malaysia on Sep 02, 2021 .Bursa Malaysia listed Press Metal Aluminium Holdings Berhad is the largest aluminium producer in Southeast Asia. Press Metal’s core business is the manufacturing and trading of both upstream and downstream aluminium products.
The company is managed and controlled by the Koon brothers. Five Koon brothers are on the board of Press Metal which has 10 members, the balance of whom are independent directors. Koon Poh Ming is Executive Vice-Chairman, Tan Sri Dato' Paul Koon Poh Keong is Group CEO, and Dato’ Koon Poh Tat, Koon Poh Weng and Koon Poh Kong are Executive Directors. Tan Sri Paul Koon has been the Group CEO of Press Metal Berhad...
Will KHAZANAH Sell its 26% Stake in IHH Healthcare?
Posted by Sparrow in Healthcare, Private Hospitals on Sep 01, 2021 .IHH Healthcare Berhad is one of the world’s largest healthcare networks, with 80 hospitals in 10 countries. Through its 100% owned subsidiary PARKWAY PANTAI, it operates a network of 59 hospitals in Asia including Malaysia, Singapore, India, Greater China, Sri Lanka and Brunei. Parkway Pantai is one of Asia’s largest integrated private healthcare groups.
In Malaysia IHH Group operates 16 hospitals comprising 11 Pantai Hospitals, four Gleneagles Hospitals and Prince Court Medical Center. IHH acquired 100% of Prince Court in September 2020. It has in total 2,908 licensed beds.
(IMU) The International Medical University is IHH’s...
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