Healthcare assets have seen heightened interest in recent times, and this could mean Sunway Healthcare being able to raise funds at strong valuations. In its books, Sunway Group still recorded start-up operational losses of RM23.9mil in the latest reported quarter ended Sept 30, 2025, attributed to Sunway Medical Centre (SMC) Damansara and SMC Ipoh. But excluding these losses, Sunway Group said its healthcare segment delivered improved underlying performance with 19.4% year-on-year growth, with stronger operational results from SMC Sunway City, SMC Velocity and SMC Penang. Sunway Bhd owns 84% of Sunway Healthcare, with the remaining equity interest held by Greenwood Capital Pte Ltd, a unit of Singapore’s sovereign wealth fund, Government of Singapore Investment Corp. The listing of Sunway Healthcare would see Sunway’s effective equity interest in the former be diluted to 69.5% from 84%.
Source: The Star January 02, 2026 03:06 UTC