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Ramsay Sime Darby Health Care to acquire Manipal Hospitals

KUALA LUMPUR: Sime Darby Bhd's 50%-owned Ramsay Sime Darby Health Care (RSDH) is purchasing the entire stake in Manipal Hospitals in Klang from Manipal Health Enterprises Pvt Ltd.

In a statement, RSDH, which is equally owned by Sime Darby and Australia's Ramsay Health Care, said it will rebrand the 220-bed capacity hospital into a tertiary care private facility to geographically complement RSDH's other healthcare facilities.

According to RSDH, the Klang hospital’s clinical services will operate as usual and patients can continue with their existing care.

“The acquisition allows us to leverage on a strategic opportunity to unlock more value operationally by expanding our reach to deliver RSDH’s distinctive brand of award-winning healthcare.

"Not only will Manipal Hospitals become part of the Group’s network of well-known hospitals, it will be supported by Subang Jaya Medical Centre as the integrated hub for referrals in the Klang Valley," said RSDH group CEO Raymond Chong.

Sime Darby group CEO Datuk Jeffri Salim Davidson said the acquisition by RSDH solidifies its position in the highly competitive healthcare sector and fits well with the growth story envisaged for the joint venture company.

https://www.thestar.com.my/business/business-news/2021/04/09/ramsay-sime-darby-health-care-to-acquire-manipal-hospitals

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