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Malaysia

 

Malaysia’s Sunway Healthcare goes ahead with IPO

Sunway Group, one of Malaysia’s largest construction groups owned by billionaire Jeffrey Cheah, is proceeding with the IPO of its healthcare arm, Sunway Healthcare Holdings (SHH). The IPO aims to raise at least 2.86 billion ringgit (~$736 million) and could be the largest Malaysian listing in nearly a decade.

Quadria Capital takes Apex Healthcare private

A consortium led by Singapore-based healthcare-focused private equity firm Quadria Capital has taken control of Malaysian pharmaceutical group Apex Healthcare, after buying 95.43% of its shares in a voluntary takeover offer. 

FREE BLOG Standout themes from HBI’s Asia report

We’re about to release a Special Report on healthcare investment in Asia. The report offers a comprehensive overview of the dynamics, trends and opportunities in the healthcare markets of eight hugely important countries in the region: China, India, South Korea, Thailand, Vietnam, Indonesia, Malaysia and the Philippines. 

Malaysia’s EPF eyes sale of 12 UK private hospital assets

Malaysia’s Employees Provident Fund (EPF), a federal statutory body under the Ministry of Finance, is preparing to sell a portfolio of 12 UK private hospitals valued at approximately £1.4 billion. Industry sources share with HBI what this potential sale could mean for the UK private hospital landscape, and the investment opportunities it could unlock.

Investors eye Malaysia and Southeast Asia’s strengthening digital health markets

Malaysia's digital healthcare transformation started with the introduction of the National Telemedicine Blueprint in 1997. The country has been slow in progressing but opportunities for investments are increasing in recent years. The aim is to have a nationwide Electronic Medical Record (EMR) system by 2026. The Ministry of Science, Technology, and Innovation (MOSTI) launched the Technology and Innovation Sandbox in 2020 to accelerate digitalisation across socio-economic sectors in Malaysia. As of 2021 data, healthcare has been a primary beneficiary, receiving highest tech support. 

Malaysia emerges as a preferred hub for healthcare PE investments

The Southeast Asian country Malaysia has recently witnessed a surge in private healthcare investments. This is particularly evident in the country’s top for-profit hospital provider IHH Healthcare’s latest acquisition of Island Hospital, a 600-bed private facility in Penang, Malaysia, for £970 million from the private equity (PE) firm Affinity Equity Partners. The Malaysian healthcare sector ripe for healthcare PE investments.

IHH Healthcare Malaysia may see corporate restructuring as shareholders seek greater control

IHH Healthcare, a leading Malaysian for-profit hospital group, may undergo corporate restructuring as key shareholders explore increasing their stakes, according to The Edge Malaysia. Mitsui & Co Ltd, shareholder and a global trading and investment company seeks to increase its holding from 33% to 49%. Malaysian institutional funds and Luxembourg-based private equity firm CVC Capital Partners together look to gain a hold on the remaining 51% stake. 

HBI News Round Up, Friday 30th August 2024

In this HBI News Round Up we cover the investment summary of pan-European firm Affidea's Romanian branch the first half of 2024, global leader in RNA-based genomic diagnostics BioNexus Gene Lab Corp’s investment into a pioneering Malaysian healthcare technology firm, Ascension Innovation Sdn Bhd, and Portuguese hospital group CUF's profits results for the first half of 2024.

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