Former chief of Defence Force Mohd Ghazali passes away at 92 thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
TE Asia, Singapore family office Altrui, invest $50m in two cardio facilities in Indonesia
TE Asia Group CEO Eng Aik Meng / Source: TE Asia Group
July 8, 2021
TPG-backed TE Asia Healthcare Partners is investing $50 million in two cardiovascular facilities in Indonesia with Altrui Investment Management, a single-family office based in Singapore.
Altrui, which has investments in education, agriculture, and new technologies, will take a 25% stake in the two projects, marking the firm’s foray into healthcare. TE Asia and the doctors in the two cardiology practices will hold the remaining 75%. TE Asia will be the majority shareholder.
The facilities are the recently-opened Heartology Cardiovascular Centre in the Brawijaya Hospital Saharjo in Jakarta, and an upcoming hospital in South Jakarta that is expected to start operations in late-2022.
The impact of the pandemic on management of NCDs Meera Murugesan
NON-communicable diseases (NCDs) have been rising steadily in Malaysia, drawing attention to our poor lifestyle and eating habits.
With the pandemic, the issue of NCDs has been thrown into the spotlight again, as people with these conditions are prone to severe or even fatal complications from Covid-19.
Around 70 per cent of Covid-19 deaths in Malaysia involved individuals who had NCDs, which is a troubling fact as an estimated 74 per cent of Malaysians are afflicted by these diseases.
Individuals with NCDs not only need to exercise extra caution to avoid a Covid-19 infection but also keep their pre-existing medical conditions under control. Asthma and hypertension are among the most common NCDs in Malaysia.
TE Asia aims to expand chain of specialty hospitals Eng says spcialty hospitals segment has tremendous growth potential. Beacon Hospital is part of TE Asia’s IOC network.
PETALING JAYA: Private healthcare investment and operations platform TE Asia Healthcare Partners is focused on building its regional networks of single-specialty centres/hospitals in various disciplines such as oncology, cardiology and orthopaedics and will explore other specialties in Malaysia.
TE Healthcare group CEO Eng Aik Meng said the specialty hospital segment is an area which it believes has tremendous growth potential. Some of the specialties that could be successfully developed independently are oncology, cardiology, orthopaedics, dental, aesthetics and dermatology.