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Cancer center in Central Luzon opens to fills gaps in care bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com 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. ....
TE Asia, Altrui invest $50 million in Indonesian health projects reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
LaingBuisson News TE Asia Group CEO, Eng Aik Meng TE Asia Healthcare, backed by global investment firm TPG Capital, has already committed US$170m in healthcare since its inception in 2014. It is ready to put another US$90m to work in Southeast Asia over the next 18 months. HMi caught up with group CEO and founding member of TE Asia Healthcare, Eng Aik Meng, to discuss the dynamics of the Southeast Asian health market and how the firm’s business model is well suited to take maximum advantage of the opportunities he identifies. Eng also serves as a senior advisor at TPG Capital. Prior to setting up TE Asia Healthcare, he was group COO of Fortis Healthcare International. Before venturing into the healthcare industry, he held various positions in the maritime industry, the last being president of APL. He graduated with an MBA from Harvard University. ....
TPG-Backed TE Asia Healthcare Looks to Join $1 Billion Club Elffie Chew, Bloomberg News Eng Aik Meng, president of APL Ltd., a subsidiary of Neptune Orient Lines Ltd., speaks during a news conference in Singapore, on Wednesday, Feb. 16, 2011. Neptune Orient Lines Ltd. , Asia s second-biggest container line, posted a better-than-estimated fourth-quarter profit as growing global trade boosted rates and volumes. , Photographer: Munshi Ahmed/Bloomberg (Bloomberg) TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of $1 billion in five years as it expands in Southeast Asia, according to its chief executive officer. The Singapore-based company plans to invest $90 million mainly in Malaysia and Indonesia this year, building new cardiac hospitals and repurposing an existing medical facility in Kuala Lumpur into an orthopedic center, Eng Aik Meng said in an intervie ....