Sunway Medical Centre, founded in 1999, is an accredited private hospital located near Kuala Lumpur, according to its website.
PETALING JAYA: Sunway Group, a conglomerate controlled by Malaysian property tycoon Tan Sri Jeffrey Cheah, has selected Malayan Banking Bhd
to help with a stake sale in its healthcare unit that could fetch at least US$250mil (RM1.03bil), according to sources.
The company plans to sell a combination of old and new shares representing a 20% to 25% stake in Sunway Medical Centre Bhd and has reached out to potential suitors, said the sources.
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