PANTAI Holdings Bhd has made its first tentative steps towards establishing a strategic presence in the Middle East with the conclusion of a deal in Saudi Arabia recently to provide healthcare-related services in the region.
The integrated healthcare provider said in a statement yesterday that a joint-venture agreement was signed between its subsidiary Pantai Medivest Sdn Bhd and the Al-Sharif Group for Investment and Development that is currently planning to construct two 200-bed hospitals in Saudi Arabia.