Ramsay Sime Darby Health Care Joint Venture
Sime Darby and Ramsay Health Care form 50:50 Joint Venture on 26 March 2013
Sime Darby Berhad and Ramsay Health Care Limited have entered into a joint
venture to expand their healthcare businesses in Southeast Asia initially and eventually
throughout the whole region.
The partnership will combine all Sime Darby’s portfolio of healthcare assets
in Malaysia with Ramsay’s three hospitals in Indonesia, under a new joint
venture company. This new company (to be known as “Ramsay Sime Darby Health
Care”) will be equally owned by Ramsay and Sime Darby.
The joint venture marks Ramsay’s first major step into Asia since acquiring
its Indonesian hospitals in 2005 and Sime Darby Healthcare’s first expansion
outside of Malaysia. The aim of the joint venture will be to build a quality portfolio
of hospitals throughout Asia.
Press Release: Sime Darby and Ramsay Health Care Establishes Health Care Joint Venture in Asia
Presentation: Factsheet on Ramsay Sime Darby Health Care Joint Venture
The JV is part of the Sime Darby Group’s strategy to accelerate the growth
plans of its healthcare business to penetrate and capture the rapidly growing opportunities
Broad business plans with strong primary focus on its hospital operations
Aspires to become the pre-eminent healthcare provider in Asia
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