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S P Setia ventures into healthcare industry

S P Setia president and CEO Datuk Choong Kai Wai: This is the first venture by the group into healthcare, which is a growing business, given the market trend. ACCs are outpatient centres providing a range of comprehensive specialist and surgical services including wellness, diagnosis, treatment and rehabilitation. They act as a bridge between full-fledged medical centres and general practice clinics

Rupee Slips 7 Paise To 71 01 Against US Dollar

The Indian rupee on Tuesday dropped 7 paise to close at 71.01 against the US dollar as foreign fund outflows and subdued equities weakened forex market sentiment.

Iain Marlow Bloomberg: Latest News, Photos, Videos on Iain Marlow Bloomberg

Find Iain Marlow Bloomberg Latest News, Videos & Pictures on Iain Marlow Bloomberg and see latest updates, news, information from NDTV.COM. Explore more on Iain Marlow Bloomberg.

Sunway aims for eight hospitals

is looking to list its healthcare arm, Sunway Healthcare Holdings Sdn Bhd, on Bursa Malaysia in six to eight years. The group plans to build six new hospitals over the next four years and according to Sunway Group president Tan Sri Chew Chee Kin, (pic, below) this is crucial to enable the group’s hospitals to start delivering healthy earnings prior to a listing on the stock exchange. “Most of the hospitals will be ready within the next three to four years. “They should be recording positive earnings when we go for a listing, ” he said during a media briefing here yesterday.

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