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Malaysia

 

Ramsay Sime Darby targeting $300m spin-off IPO

HBI understands that Malaysian/Indonesian hospital group Ramsay Sime Darby has appointed banks for a $300m IPO. One side of the JV says that expansion in healthcare is a key strategic focus, the other appears notably quiet about its investment in Asia. FY2020 saw profits drop for "the first time in many years" as COVID struck.

Occupational healthcare “cuts cost of absenteeism by half”

The COVID-19 pandemic shifted the working patterns and environments of every type of workforce, resulting in big hits to free-for-service (FFS) business models and new opportunities in remote care. Panellists from Medicover, Medigold and Qualitas discussed this and how good occupational healthcare can reduce the costs of absenteeism by half, at last week's HBI Big Picture Seminar.

BIMA raises $30m as it hits 2m teleconsultations in emerging markets

BIMA, an insurance and telehealth platform working in nine emerging markets, has raised $30m to increase penetration in those markets. It already has 35m insurance policies and has run 2m teleconsultations. HBI speaks to CEO and founder Gustaf Agartson. 

KPJ Healthcare exits one Indonesian hospital

Malaysian's largest healthcare group has sold its stake in one of its two Indonesian hospitals, saying that the disposal is part of a "wider restructuring exercise" in the country.

IHH looking to sell outlying assets

The new CEO of IHH Healthcare is considering divesting some assets as he shifts strategy to focus on geographical clusters. Which of its 80 hospitals could face the block? HBI examines.

Manzil plans 2020 expansion in Middle East and South East Asia

UAE-based medicalised homecare provider Manzil plans further expansion this year in Kuwait, Saudi Arabia and Singapore - its South East Asian (SEA) springboard from which it hopes to gain a presence in the wider region. We interview CEO Dr Sarper Tanli on business strategy.

IHH takeover of Fortis on hold following Supreme Court ruling

Shares in under-fire Fortis, the large Indian hospital chain targeted by pan-Asian group IHH, dropped by almost 8% following a ruling by the Indian Supreme Court that Fortis' founders were guilty of contempt on Friday for not settling a debt, adding that similar proceedings against Fortis could follow. The IHH deal is now on hold. Could it be in jeopardy?

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