PMG Healthcare secures $16.7m investment from Ikhlas Capital

The collaboration will expand the group’s healthcare model and upgrade its facilities.

PMG Healthcare Group in East Malaysia has secured a $16.7m (RM 74m) strategic investment from ASEAN private equity fund manager Ikhlas Capital.

The investment will help support the group’s on enhancing primary healthcare and improving access for underserved communities.

Moreover, the collaboration will expand its healthcare model, upgrade facilities, integrate new technologies, and reduce treatment costs, said Chieng King Chong, Executive Chairman of PMG Healthcare Group.