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Asian American buys stake in China's Rich Tree Land

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12-Aug-15 Singapore-based Asian American Medical Group Limited (AAMG) said it has acquired a 60% stake, valued at SGD19.6 million, in Rich Tree Land Pte Ltd, for the development of an advanced diagnostic and wellness medical centre in Zhuhai, southern China. [image: Asian American Medical Group]

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KPJ Healthcare to spend on 10 new hospitals in Malaysia

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12-Aug-15 KPJ Healthcare Bhd, Malaysia's largest listed healthcare group, will spend RM1.5 bn (USD365 mn) to build 10 new hospitals there. The proposed hospitals will add 2,000 beds to the group, bringing the total to 5,000. KPJ currently operates 25 hospitals in Malaysia, two in Indonesia and one in Bangladesh, as well as a 23% stake in Vejthani Hospital in Bangkok. [image: KPJ Healthcare]

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China's much-hyped healthcare reform drive stuck in first gear

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09-Aug-15 Despite the government's longer-term ambitions, industry insiders say China's healthcare reforms are being held up because of technical issues such as fragmented IT systems, infighting between regulators, and pushback from state-run firms, which dominate the sector. [image: Reuters]

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How hospitals are getting smarter in China

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06-Aug-15 Queues in China’s overcrowded hospitals are notoriously long, but mobile apps and technology are solving the problem as the country introduces more “smart” hospitals. The Beijing Municipal Commission of Health & Family Planning said yesterday that the capital’s top-level hospitals will offer patients access to mobile payment services by the end of 2017. [image: Ecns]

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Parkway buys majority stake in India’s Global Hospitals

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05-Aug-15 Malaysia's IHH Healthcare Bhd, through its wholly-owned subsidiary Parkway Holdings, is reported to have acquired a 74% stake in Hyderabad-based Global Hospitals Group for an equity value of INR1,800 crore (USD277 mn). in March 2015 IHH acquired a 51% stake in Hyderabad-based Continental Hospitals. It also already owns a 10.5% stake in India’s Apollo Hospitals. [image: IHH Healthcare Berhad]

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