Parkway Pantai

Parkway Pantai
Company typeLimited company
IndustryHealthcare
Headquarters
Singapore
Area served
Asia, Middle East, Europe
ParentIHH Healthcare
Websitewww.parkwaypantai.com

Parkway Pantai, Ltd. is a medical company based in Singapore and is Southeast Asia's largest private healthcare provider, and one of the largest in Asia. It is a wholly owned subsidiary of Kuala Lumpur-based IHH Healthcare, whose largest shareholder is Malaysian state investment agency Khazanah Nasional.[1] Parkway Pantai operates private hospitals in Singapore, Brunei, China, Hong Kong, Malaysia, India, Vietnam and the United Arab Emirates. IHH Healthcare also owns the International Medical University. In July 2017, According to the reports, Parkway Pantai issued a US$2 billion multicurrency bond to refinance its debts.[2]

Background

Parkway Pantai owns a network of 21 hospitals, including four private hospitals in Singapore and more than 60 medical centres, clinics, and ancillary healthcare facilities in Singapore, Hong Kong, Malaysia, India and China. It also has a network of regional hospitals in Malaysia, India and Brunei, including Jerudong Park Medical Centre. A number of health-tourism providers work with Parkway Pantai's hospitals to develop medical tourism. It has more than 4,000 licensed beds in aggregate.

The Group's other healthcare network in Singapore includes Parkway Shenton Pte Ltd, one of Singapore's biggest general practices; ParkwayHealth Radiology, a leading radiology service provider; and ParkwayHealth Laboratory, a major provider of laboratory services locally.

Some of Parkway's hospitals are subjected to international healthcare accreditation, while others are not.[citation needed]

Hospitals

History

Parkway Holdings Limited began operating as a subsidiary of Parkway Pantai Limited in August 2010.[3]

References

  1. ^ "Malaysia's Khazanah prepares $2bn IPO of IHH". Financial Times. 3 November 2011.
  2. ^ "Parkway Pantai Ltd issues US$2bil bond to refinance debt". NST Online. 2017-07-14. Retrieved 2017-11-22.
  3. ^ "Parkway Holdings Limited: Private Company Information". Business Week. Archived from the original on March 20, 2008. Retrieved 8 May 2014.
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