Huge premium for significant prospects

Sunway Medical Centre

PETALING JAYA: The large premium valuations that was ascribed to the 16% stake disposal in Sunway Healthcare to the Singaporean government through GIC (Ventures) Pte Ltd appears to be the main focal point of the deal that was announced on Wednesday.

The willingness by a foreign investor to pay such a huge premium also highlights that growth prospects remain intact within the private hospital healthcare segment in Malaysia with pockets of opportunities for those who are willing to wait it out for the longer term.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

MN Holdings posts best quarterly performance since listing
PPB net profit declines to RM372.55mil in 3Q
Cahya Mata Sarawak's net profit tumbles 93% to RM9.9mil in 3Q
Cradle Fund appoints Norman Matthieu as group CEO
Sarawak Oil Palms posts RM94.5mil net profit in 3Q
QL Resources net profit jumps 30.6% to RM122.6mil in 2Q
Govt allocates RM1bil for eMadani programme, registration from Dec 4
FBM KLCI falls for third straight session
HK shares hit one-year low, China dips as Meituan soft outlook weighs
Ringgit expected to strengthen in 2024 - Rafizi

Others Also Read