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HMI to consolidate ownership of two Malaysian hospitals for RM556.5m

It plans to fund the purchase through cash, HMI shares to be issued to MMC and RSH shareholders

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The consolidation of Mahkota Medical Centre (right) and Regency Specialist Hospital to 100% each will create an enlarged listed healthcare platform, says HMI.

Singapore

HEALTH Management International (HMI) will consolidate the ownership of its two hospitals in Malaysia for an aggregated purchase price of RM556.5 million (S$183.2 million) to facilitate its regional growth strategy.

The consolidation of its 48.9 per cent owned Mahkota

sentifi.com

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