IHH buys Timberland Medical for RM245M
KUCHING: Pantai Holdings (IHH Healthcare Malaysia) has acquired Timberland Medical Centre (TMC) along with adjacent vacant land in central Kuching. The deal, worth RM245 million, was concluded on a cash-free, debt-free basis, marking a notable expansion of its healthcare services in East Malaysia. Jean-François Naa, the chief executive officer (CEO) of IHH Healthcare Malaysia, said […]
IHH Healthcare shares shed three sen despite Sarawak expansion announcement
KUALA LUMPUR: IHH Healthcare Bhd’s shares on Bursa Malaysia was down this morning despite news of its maiden foray into Sarawak. At 10.35 am, the healthcare provider shed three sen to RM5.97 after 230,500 shares changed hands. Yesterday, IHH Healthcare announced that its indirect wholly owned subsidiary Pantai Holdings Sdn Bhd, will acquire 100 per […]
IHH Healthcare acquires TMC for RM245m, paving way for new 200-bed hospital
KUCHING: Timberland Medical Centre (TMC) has earmarked a site here for the development of a new 200-bed hospital. This follows the log, stock and barrel acquisition of TMC – including its shareholders and nine founding doctors – by Pantai Holdings Sdn Bhd, an indirect wholly-owned subsidiary of IHH Healthcare for RM245 million. TMC co-founder and […]
Escalators at overhead bridge near Timberland Medical Centre under PWD
KUCHING: It is common courtesy for any authority or agency to refer an issue or public complaint to the right channel and work together to resolve the problem. Kuching South City Council (MBKS) councillor Kho Teck Wan said that each relevant authority has specific responsibilities and boundaries of jurisdiction. She said it is not a […]
Rise in heart attack cases in Sarawak worries cardiologist
KUCHING: Heart attack cases are worrying as it is on the rise in Sarawak, said interventional cardiologist Dr Tang Sie Hing. The cardiologist from Timberland Medical Centre said there are several factors contributing to the high cases of heart attack, and one of them was stress-related. “I think the cases are getting alarmingly high because […]
Medical duo injured in ambulance crash
KUCHING: Two staff from Timberland Medical Centre sustained injuries in an accident involving an ambulance and two cars in Jalan Song here. The incident happened around 8.19am, this morning, when the ambulance with three persons (driver, nurse and medical assistant) onboard, were heading to the Tabuan Nursing Home to pick up a patient. As the […]
Naim Kuching Paragon site of new TMC
KUCHING: A new Timberland Medical Centre (TMC) will be built in a 5-acre area within Naim Group of Companies’ Kuching Paragon, it was announced on Friday. Established in 1994, TMC is currently situated at the 3rd mile roundabout at Rock Road here.Charis Goh, board director and member of the executive committee of TMC said the […]
