KUALA LUMPUR (March 17): TPG has set up a new senior healthcare platform that brings together three operators in Malaysia and Singapore to tap rising demand from Southeast Asia’s rapidly ageing population.
The One Aged Care platform consolidates ECON Healthcare, Orange Valley Nursing Homes, and Ambulance Medical Service under a unified holding structure while retaining their individual brands, the US-based alternative asset manager said in a statement.
“The region’s demographic transition is accelerating demand for quality long-term care,” said TPG's managing partner and co-head of Asia Ganen Sarvananthan....(click on link for full story theedgemalaysia.com)
