{"id":646197,"date":"2026-10-14T13:58:12","date_gmt":"2026-10-14T13:58:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/646197\/"},"modified":"2026-10-14T13:58:12","modified_gmt":"2026-10-14T13:58:12","slug":"ihh-healthcare-said-to-join-race-for-tpgs-malaysian-hospitals","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/646197\/","title":{"rendered":"IHH Healthcare said to join race for TPG\u2019s Malaysian hospitals"},"content":{"rendered":"

KUALA LUMPUR: IHH Healthcare Bhd<\/a><\/a> is considering joining the race to buy Malaysian hospital assets being sold by TPG Inc, people with knowledge of the matter said.<\/p>\n

TPG has also been sounding out interest from other potential bidders including Warburg Pincus, the people said, asking not to be identified as the process is confidential.<\/p>\n

They would be competing with private equity firms Blackstone Inc, EQT AB and KKR & Co, which have also been weighing potential offers for the assets being sold by TPG-backed Asia OneHealthcare Sdn Bhd, the people said.<\/p>\n

First-round bids are expected to be submitted by the end of this month, the people said. A deal could value the assets at around US$6bil to US$8bil, some of the people said.<\/p>\n

Asia OneHealthcare also operates a handful of medical facilities in Indonesia and Vietnam, its website shows.<\/p>\n

TPG has also been considering a listing of the Malaysian business as part of a dual-track process. It confidentially filed for a Kuala Lumpur initial public offering that could raise as much as RM10bil and rank as the country\u2019s biggest IPO in more than a decade, Bloomberg News reported last month.<\/p>\n

Deliberations are ongoing and there\u2019s no certainty they will lead to a deal, the people said. Representatives for Blackstone, EQT, IHH, KKR, TPG and Warburg Pincus declined to comment.<\/p>\n

A spokesperson for Asia OneHealthcare didn\u2019t respond to queries.<\/p>\n

TPG and Hong Leong Group bought Asia OneHealthcare, previously known as Columbia Asia Healthcare, in 2019. The company adopted its present name in 2024 after consolidating its assets and buying a joint venture between Sime Darby Bhd<\/a><\/a> and Australian private hospital operator Ramsay Health Care Ltd.<\/p>\n

Other stakeholders in Asia OneHealthcare include the Abu Dhabi Investment Authority and Malaysia\u2019s Employees Provident Fund. – Bloomberg<\/p>\n","protected":false},"excerpt":{"rendered":"KUALA LUMPUR: IHH Healthcare Bhd is considering joining the race to buy Malaysian hospital assets being sold by…\n","protected":false},"author":2,"featured_media":646198,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[290706,121732,163,521,290705,116974,85,23831,46,3238,60597],"class_list":["post-646197","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-asia-onehealthcare","tag-corporate-news","tag-health","tag-healthcare","tag-hospital-assets","tag-ihh-healthcare","tag-il","tag-ipo","tag-israel","tag-private-equity","tag-tpg-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/646197","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=646197"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/646197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/646198"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=646197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=646197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=646197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}