Selgate to operate more than 800 beds by 2026

The beds will be distributed among seven hospitals.

Malaysian private healthcare operator Selgate revealed its plans to complete and operate seven hospitals, with a total capacity of more than 800 beds, over the next five years.

Selgate was established in 2016, and a year later it acquired a chain of clinics that it rebranded under The KL Clinics and Selcare Clinics. To date, Selgate has 16 clinics and the plan is to add more so as to provide affordable primary healthcare to the public. The clinics have been profitable since the first year of operations, chalking up a marginal profit after tax of RM777,275 in 2016. By 2020, it had shot up to RM11.08m.

CEO Noor Hisham Mohd Ghouth believed the Selangor government-linked company will become the 'fulcrum' of the state's healthcare industry, specialising in healthcare management and including hospitals, clinics and pharmacies.

"Through our engagement with the Selangor government, there are still many areas that are underserved in terms of access and affordability, such as general practitioners and dental clinics. We are trying to fill the gap in this market with affordable quality care," Hisham said in an interview with The Edge Malaysia.

Selgate's first hospital, located in Rawang, will be completed this year. It has 95 beds in the first phase, to be expanded later to 230 beds.