Ramsay and Sime Darby shortlist bidders for hospital sale

KUALA LUMPUR: Australia’s biggest private hospital operator Ramsay Health Care Ltd, and Malaysian conglomerate Sime Darby Bhd have shortlisted candidates for the sale of their hospital unit, which could fetch about US$1.5bil in a deal, according to people with knowledge of the matter.

TPG Inc - backed hospital group Columbia Asia Sdn Bhd and Sunway Medical Centre, a unit of Kuala Lumpur-listed Sunway Bhd, were picked to proceed to the next round of bidding, said the people.