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.
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