Sime Darby’s Health Booster

Saturday March 30, 2013 (Source: The Star)

 

The diversified conglomerate is set to transform itself into a regional healthcare player as it enters into a partnership with Ramsay.

 

HEALTHCARE may be one of the smallest earnings contributors among the diversified range of businesses under Sime Darby Bhd, but the division remains a critical growth component for the overall health of the group.

It is, after all, as Sime Darby Healthcare Sdn Bhd (SDHS) managing director Raja Azlan Shah Raja Azwa puts it, “a stable cash flow business”, with tremendous growth opportunities to offer.

 

SDHS is the wholly owned subsidiary of Sime Darby, whose ambition to expand its healthcare business beyond Malaysian shores has been well-articulated in the group’s five-year strategic blueprint for financial years 2011 to 2016.

 

That dream is one step closer to reality now that it has found a strategic partner in Australia’s Ramsay Health Care Ltd.

 

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