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Kendall Court invests US$55m in Indonesian hospital expansion

Stake in 420-bed hospital expansion in Indonesia is by way of preference shares in Mandaya Medical International

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Kendall Court managing partner Chris Chia (left) and Mandaya Hospital Group founder and president director Edhijanto Widaja Taufik at the signing ceremony in Jakarta.

Singapore

SINGAPORE-based private equity firm Kendall Court announced on Friday that it has invested US$55 million in a 420-bed hospital expansion in Indonesia, by way of preference shares in Mandaya Medical International (MMI).

The 70,000 square metre Mandaya Royal Hospital Puri...

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