Home › Business › Business News
Saturday, 17 August 2013
KUALA LUMPUR: Manipal Health Enterprises (MHE), the healthcare arm of diversified Manipal Group, is investing US$100mil (RM327.75mil) over the next five years to expand its healthcare presence in Malaysia.
The Bangalore-headquartered hospital chain has acquired a 70-bed hospital in Klang, which also includes a 200-bed tertiary care hospital being built nearby.
Manipal is well-established in Malaysia with two campuses - medical schools in Malacca and Nilai.
MHE executive chairman Swaminathan Dandapani said the tertiary care hospital, on a 0.849-ha site, was slated for completion by end-2014. “This is in line with the company’s endeavour to provide ‘accessible and affordable’ healthcare services, while living up to its value of patient wellness and clinical excellence,” he told a press conference yesterday. The hospital will focus on a combination of wellness, prevention and curative care for both the domestic market and the emerging overseas patient traffic into Malaysia from neighbouring countries. – Bernama
AAX earnings hurt by weaker ringgit
Millennial 'NOwners' follow Uber with new fashion trading model
SMEs must have good financial management
1MDB’s Arul refutes Sarawak Report over BSI account
Have a 'whale' of a good time in Queensland
River Plate reach semis with fine 3-0 away win
Fruitful and fun study tour
MATTA launches GST navigator
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)