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Health Care

Singapore's GIC to invest $180m in Sunway's health care unit

Malaysian company plans to increase hospital beds to 3,000 in four years

GIC will buy a 16% stake in an agreement that values Sunway Healthcare at about $1.13 billion.   © Reuters
| Malaysia

KUALA LUMPUR (Reuters) -- Singapore sovereign wealth fund GIC will invest 750 million ringgit ($180 million) in Sunway Berhad's health care business, the Malaysian conglomerate said on Wednesday.

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