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KUALA LUMPUR: Khazanah Nasional Bhd is buying a 100% stake in the Prince Court Medical Centre from Petroleum Nasional Bhd for an undisclosed sum as it seeks to build up the healthcare services sector in Malaysia.
KUALA LUMPUR: The outlook of Malaysia’s medical tourism industry is expected to be positive in the long term with the burgeoning demand for healthcare services, both domestic and international, coming from especially an increasingly affluent and ageing population, due to reasonable pricing.
KUALA LUMPUR: The medical tourism industry in Malaysia is expected to achieve its targeted revenue of RM1.3bil this year, said Malaysia Healthcare Travel Council (MHTC).
JOHOR BARU: Johor will be in a good position to boost its medical tourism sector with the opening of the first cardiac hospital outside Kuala Lumpur within the next four years.
NEW YORK: US medical device maker Medtronic Inc is in advanced talks to buy rival Covidien Plc in a deal valued at US$45bil to US$50bil, people familiar with the matter said on Saturday.
PETALING JAYA: Property developer YNH Property Bhd is planning to dispose of a hospital facility in Perak to Pantai Medical Centre Sdn Bhd (PMC) for RM63mil.