Country Heights CEO resigns after failing to restructure debts

The resignation, effective yesterday, is “due to his unsuccessful efforts in assisting Country Heights and its group of companies in restructuring debts after exhausting all avenues with local financial institutions”, the group said in a filing with Bursa Malaysia.

Matrix Concepts ventures into healthcare

Under the terms of the Agreement, which signed between Matrix Concepts’ subsidiary Matrix Medicare Sdn Bhd and PHM, Matrix Medicare will exclusively manage the centres for 30 years, providing services relating to non-clinical matters including financial, administration and management of resources.

IHH to buy Prince Court Medical Centre from Khazanah for RM1.02b

IHH said its wholly-owned unit, Pantai Holdings Sdn Bhd (PHSB), has signed a conditional share purchase agreement with Pulau Memutik Ventures Sdn Bhd (PMV), a wholly-owned subsidiary of Khazanah Nasional Bhd, for the acquisition of the stake comprising 100 million shares and 35,176 redeemable preference shares. PMV holds a 26.04% stake in IHH