Affinity Equity Partners is exiting its controlling stake in Island Hospital Sdn. Bhd.

SINGAPORE, Sept. 5, 2024 /PRNewswire/ -- Affinity Equity Partners-led consortium has entered into a definitive sales and purchase agreement to fully divest its 100% stake in Island Hospital Sdn. Bhd. ("Island Hospital" or the "Company") to IHH Healthcare Bhd. ("IHH"). The 100% sale at an enterprise value of RM 4.2 billion (c. US$ 966 million) includes Affinity's 78% stake, with the remainder belonging to the Founder & CEO and senior doctors of the hospital.

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