RAFFLES Medical Group Ltd, Singapore's second largest publicly traded healthcare company, has agreed to buy Island Hospital Sdn Bhd, a 240-bed private hospital in Penang, for RM110mil.
The acquisition, which will be financed through internally generated cash and borrowings, allows Raffles Medical to further broaden its geographical presence.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
