Controversial Hospital Sale in Malaysia Draws Questions
Sovereign fund sells high-priced facility at huge loss
By: Murray Hunter
Prince Court Medical Centre in Kuala Lumpur commenced commercial operations in 2007 with the aim of creating a high-end, luxury facility to take advantage of Malaysia’s growing reputation as a medical tourism sector.
But in the ensuing 13 years, which started with a troubled and expensive construction debacle, the 277-bed facility has t…
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