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

Japan's Nikkei hits record high on loose policy hopes, weaker yen
FBM KLCI holds firm above 1,700
Ringgit opens lower against US$ but higher vs major currencies
Global EV sales growth likely to slow after 20% jump in rocky 2025, research firm says
Trading ideas: Capital A, LBS Bina, Rimbunan Sawit, Selangor Dredging, Vstecs, Velocity, Jetson, PetDag, Foodie Media
Oil prices rise on potential Iran supply disruption
Wall St falls with financials amid credit-card rate plan concern
Foodie Media� 1Q revenue at RM13mil
Ex-Lazard banker’s insider tips reap US$41mil haul
AirAsia X to be renamed AirAsia from next week

Others Also Read