Singapore, Oct. 17 -- Health Mangement International (HMI Medical) has signed a Memorandum of Agreement (MoA) with KLSE listed andSarawak-based property and infrastructure developer, Ibraco Berhad, for the acquisition of land for the construction of its third hospital inMalaysia.

Fully owned and operated by HMI Medical, Regency Hospital Kuching, a new private specialist hospital will be located within The NorthBank township, a mixed development in Kuching Sarawak by Ibraco.

The fully owned and operated Regency Hospital Kuching will be a 300-bed capacity smart specialist hospital, targeted to launch in 2029. The hospital will address the growing demand for advanced healthcare services in Kuching, acrossMalaysiaand the widerSoutheast Asia...