 | Email this article |
 | Print article |
 | Feedback |
(KUALA LUMPUR) Malaysian plantations-to-automotive conglomerate Sime Darby said yesterday that it is interested in a stake in IJN Holdings Sdn Bhd, the operator of the country's top heart hospital.
Sime Darby is waiting for the government's response to its written expression of interest, the company said in a statement.
'The proposed investment will be subject to, among others, satisfactory due diligence by the company and the approval of the relevant authorities,' it said in response to a news report on the acquisition.
The stake sale has been backed by the Finance Ministry, which owns the hospital, but officials from the Health Ministry are less keen on the sale, The Edge Financial Daily reported, citing sources.
'They do not agree to this sale unless there is a safety net for the poor and the underprivileged,' the newspaper quoted a source as saying.
State-controlled Sime, the world's top palm oil producer by planted area, also has interests in the Malaysian health care industry. It owns the Sime Darby Medical Centre, a private hospital in the Subang Jaya suburb near Kuala Lumpur. -- Reuters
No comments:
Post a Comment