Metro Healthcare to expand after listing

Quick Summary:

ACE Market-bound Metro Healthcare Bhd will be looking to acquire an existing maternity hospital in the Klang Valley as part of its plans to expand its obstetrics and gynaecology (O&G) segment.

While there are no concrete plans yet, Tay said that the group is also looking to expand overseas should the opportunity arise.“We have a competitive edge in this regard because we speak the same language if we go to China or Indonesia.

Metro Healthcare said in its prospectus that it has identified the maternity hospital it intends to acquire and is in preliminary discussions to negotiate the purchase consideration.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: ELIM POON

Category: EconomyBusiness

Markets: MalaysiaChinaIndonesiaMyanmarPhilippines

Topics: IVFTreatment MetroHealthcare Corporate News ACEMarket IPOListing HealthcareExpansion HospitalAcquisition /Business/Business News FertilityServices

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 00:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 665 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23229452

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 16 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 6 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions