{"id":466361,"date":"2026-05-29T15:59:09","date_gmt":"2026-05-29T15:59:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/466361\/"},"modified":"2026-05-29T15:59:09","modified_gmt":"2026-05-29T15:59:09","slug":"oriental-holdings-unit-in-joint-venture-to-develop-medical-centre-in-penang","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/466361\/","title":{"rendered":"Oriental Holdings unit in joint venture to develop medical centre in Penang"},"content":{"rendered":"<p>GEORGE TOWN (May 29): Oriental Holdings Bhd\u2019s (KL:<a href=\"https:\/\/theedgemalaysia.com\/askedge\/klse\/4006\" class=\"ce-stock\" target=\"_blank\" rel=\"nofollow noopener\">ORIENT<\/a>) unit Melaka Straits Medical Centre Sdn Bhd (MSMC) has formalised a joint venture (JV) with Ideal Hasrat Bumiraya Sdn Bhd, part of Ideal Property Group, to develop a tertiary medical centre, named Ideal Oriental Medical Centre.\u00a0<\/p>\n<p>In a statement on Friday, MSMC said the collaboration, formalised on Thursday, signalled a bold step towards redefining healthcare delivery in northern Peninsular Malaysia through a future-ready medical ecosystem that integrates advanced tertiary care, innovative technology, and seamless urban connectivity.<\/p>\n<p>It said the proposed medical centre, planned on a 0.7689-hectare site within the Queens Waterfront master plan, is expected to be completed by the end of 2030.<\/p>\n<p>\u201cThe medical centre aims to cater to the healthcare needs of residents in Gelugor, Bayan Baru, Bayan Lepas and surrounding communities, alongside Penang\u2019s growing population of professionals, engineers, and industrial workforce concentrated within the Bayan Lepas manufacturing corridor.\u00a0<\/p>\n<p>\u201cThe development is also strategically positioned to support Penang\u2019s thriving medical tourism sector, particularly international patients seeking advanced healthcare services in the region,\u201d\u00a0it said.\u00a0<\/p>\n<p>The proposed development is expected to reinforce Penang\u2019s position as one of Malaysia\u2019s leading healthcare hubs while supporting the state\u2019s long-term aspirations in healthcare excellence, medical tourism, and sustainable urban growth, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"GEORGE TOWN (May 29): Oriental Holdings Bhd\u2019s (KL:ORIENT) unit Melaka Straits Medical Centre Sdn Bhd (MSMC) has formalised&hellip;\n","protected":false},"author":2,"featured_media":466362,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[163,521,85,46],"class_list":["post-466361","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-health","tag-healthcare","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/466361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=466361"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/466361\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/466362"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=466361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=466361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=466361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}