Ramsay Sime Darby Health Care (RSDH) has reached an agreement to acquire 100% ownership of Manipal Hospitals, Klang from Manipal Health Enterprises Pvt. Ltd (MHEPL).
The acquisition from MHEPL’s wholly-owned Singapore subsidiary, Manipal Health Enterprises International Pte. Ltd, will see the rebranding of the 220-bed hospital into a tertiary care private facility that will complement RSDH’s other healthcare facilities.
“The acquisition allows us to leverage on a strategic opportunity to unlock more value operationally by expanding our reach to deliver healthcare.
“Not only will Manipal Hospitals become part of the group’s network of well-known hospitals, it will be supported by the Subang Jaya Medical Centre as the integrated hub for referrals in the Klang Valley,” said RSDH group CEO Raymond Chong.
RSDH is equally owned by Sime Darby Berhad and Australia’s Ramsay Health Care. With the acquisition, it now has four hospitals in Malaysia. The three hospitals currently under the company are Subang Jaya Medical Centre, Ara Damansara Medical Centre and ParkCity Medical Centre.
Sime Darby group CEO Datuk Jeffri Salim Davidson said, “This acquisition by RSDH solidifies its position in the highly competitive healthcare sector and fits well with the growth story that we have envisaged for our joint-venture company.
“Sime Darby will continue to support RSDH’s pursuit of viable organic and inorganic growth prospects to leverage on the tremendous potential of this sector.”
Accredited with the Malaysian Society for Quality in Health (MSQH), the Manipal Hospitals, Klang, established in 2016, offers comprehensive medical care ranging from cardiology, nephrology and neurosurgery to plastic surgery, psychiatry and dental. It is currently equipped with five operating theatres as well as 15 CCU and ICU beds.
The 7-storey hospital building occupies a built-up area of 362,000 sq ft with more than 300 car park bays.
According to RSDH, the Klang hospital’s clinical services will operate as usual and patients can continue with their existing care.
 to acquire 100% ownership of Manipal Hospitals, Klang from Manipal Health Enterprises Pvt. Ltd (MHEPL).){kind=link}