Sime Darby, Australia's Ramsay Health Care in JV


KUALA LUMPUR: Sime Darby Bhd is teaming up with Australia's Ramsay Health Care Ltd to achieve synergies in the existing healthcare business in Malaysia and Indonesia, and future expansion in Asia.

Sime Darby said on Tuesday it would inject its healthcare and education business and Ramsay its Indonesian healthcare business into Sime Darby Global Healthcare Sdn Bhd - which will be later renamed Ramsay Sime Darby Health Care Sdn Bhd. Each party will have a 50% stake.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

FBM KLCI retreats to 1,600
Volkswagen to establish Malaysia as export hub - Tengku Zafrul
Microsoft's staggering investment a technological shot in the arm for Malaysia
More job replenishment opportunities for Kerjaya Prospek
Philippines Q1 GDP grows 5.7% y/y
Ringgit opens easier against US$ ahead of OPR decision
FBM KLCI drifts as investors await fresh leads
Trading ideas: Axiata, Mega First, Vstecs, Pharmaniaga, Sarawak Cable, Paragon Globe, CIMB, IHH, Ni Hsin
Thai business group cuts 2024 GDP growth forecast
TotalEnergies mulls moving listing to Wall St

Others Also Read