Khazanah aims to lock in profits with hospital sale

Sep 19, 2019

The sovereign wealth fund's sale of a Malaysian hospital to another of its portfolio companies marks the latest in an ongoing set of healthcare asset divestments.

Khazanah aims to lock in profits with hospital sale

Khazanah Nasional has agreed to sell a top-tier hospital in Malaysia’s capital to IHH Healthcare, Asia’s biggest private hospital group and one of its portfolio companies, in the latest sign of the sovereign wealth fund's willingness to sell down healthcare assets as it seeks to monetise some of its direct investments.

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