Business

Sime Darby Health Care acquires Manipal Hospitals in Klang

220-bed facility will be 4th in company’s Malaysian stable

Updated 5 years ago · Published on 09 Apr 2021 7:00PM

Sime Darby Health Care acquires Manipal Hospitals in Klang
Ramsay Sime Darby Health Care is owned equally by Sime Darby Bhd and Australia’s Ramsay Health Care. – Bernama pic, April 9, 2021

KUALA LUMPUR – Ramsay Sime Darby Health Care (RSDH) is acquiring Manipal Hospitals in Klang from Manipal Health Enterprises Pvt Ltd (MHEPL), which will see the rebranding of the 220-bed facility located in close proximity to residential areas.

“The acquisition allows us to leverage a strategic opportunity to unlock more value operationally by expanding our reach to deliver RSDH’s distinctive brand of award-winning healthcare,” said RSDH group chief executive Raymond Chong in a statement today.

“Not only will Manipal Hospitals become part of the group’s network of well-known hospitals, but it will be supported by Subang Jaya Medical Centre as the integrated hub for referrals in the Klang Valley.”

RSDH is owned equally by Sime Darby Bhd and Australia’s Ramsay Health Care. The company is buying Manipal Hospitals from MHEPL’s wholly owned Singaporean subsidiary Manipal Health Enterprises International Pte Ltd.

The facility is equipped with five operating theatres, and 15 critical care units. It has a 1.5T magnetic resonance imaging scanner, catheterisation laboratory and 24-hour emergency service, among others.

Manipal Hospitals’ extensive tertiary medical care ranges from cardiology, nephrology and neurosurgery to plastic surgery, psychiatry and dental. The seven-storey building occupies a built-up area of 33,630 sq m with more than 300 car-park bays.

“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,” said Sime Darby group CEO Datuk Jeffri Salim Davidson.

“Sime Darby will continue to support RSDH’s pursuit of viable organic and inorganic growth prospects to leverage the tremendous potential of this sector.”

With the acquisition, RSDH owns four hospitals in Malaysia. Those already under the group are Subang Jaya Medical Centre, Ara Damansara Medical Centre and ParkCity Medical Centre.

All three are accredited by the Malaysian Society for Quality in Health, and Joint Commission International (JCI).

RSDH also has three JCI-accredited hospitals in Indonesia and a day surgery centre in Hong Kong. – Bernama, April 9, 2021

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