Wholly-owned subsidiaries entered into a sale and purchase agreement with PT Waluya Graha Loka (WGL) to acquire a 40% stake in Yoma Siloam Hospital Pun Hlaing (YSHPH), and a 35% stake in Pun Hlaing International Hospital (PHIH), for a consideration of US$19.5 million ($26.5 million).
SINGAPORE (Jan 10): OUE Lippo Healthcare (OUELH) is acquiring stakes in three hospitals, one medical centre and two clinics to expand its foothold in Myanmar.
The three hospitals, with a total bed capacity of 370 beds, are located in the key cities of Yangon, Mandalay and Taunggyi. The core services offered by the hospitals include emergency, out-patient, in-patient, laboratory, imaging, physiotherapy, medical check-up, overseas clinical services, across practices including Cardiology, Orthopaedics, Obstetrics and Gynaecology.
