Columbia Pacific weighs RM8.4bil Asia hospital operator sale


Hospital chain: Columbia Asia owns 30 hospitals and clinics in Asia.

HONG KONG: Investment firm Columbia Pacific Management is considering selling one of its Asia hospital operators in a deal that could value the business at as much as US$2bil (RM8.4bil), sources said.

Columbia Asia, which owns about 30 hospitals and clinics across India, Malaysia, Vietnam and Indonesia, is working with advisers to explore options including a sale or initial public offering, according to the people. A process could begin early next year, the people said, asking not to be identified because the matter is private.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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