Hong Leong, TPG buy Columbia Asia's hospitals in three countries for RM5bil


KUALA LUMPUR: The Hong Leong Group, led by billionaire Tan Sri Quek Leng Chan and global alternative asset firm TPG have entered into a deal to acquire Columbia Asia Hospitals in South East Asia for US$1.2bil (RM5bil).

The transaction is expected to close by end of this year, the companies said in a joint statement today.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Healthcare , Hong Leong , TPG , Columbia Asia

Next In Business News

Residential property market to remain stable
Toyota still has the drive
Construction companies poised to�sustain growth
If I were an ageing oil palm tree
Hurdles in DBS’ Alliance Bank bid
Are shareholders being heard at AGMs?
Metals keep shining bright
Muhibbah’s latest buy to provide earnings support
Retailers get a lift from Sara
iCents eyes Asean

Others Also Read