Kuala Lumpur, Malaysia, March 18, 2026 – To expand access to high-quality healthcare services and create jobs in Malaysia, the World Bank Group, through its private-sector arm the International Finance Corporation (“IFC”), has invested in the initial public offering (IPO) of Sunway Healthcare Holdings Berhad (“Sunway Healthcare”), one of the country’s leading providers of integrated healthcare services.
IFC has invested 60 million Malaysian Ringgit ($15 million) as a cornerstone investor in the IPO, proceeds from which will be used for the expansion of Sunway Healthcare’s hospital network in Malaysia. The investment will enable the company to increase bed capacity, create more jobs, and fund investments in initiatives aligning with its expansion strategy in Malaysia.
“We’re pleased to partner with Sunway Healthcare in its next phase of growth,” said Judith Green, World Bank Group Country Manager for Malaysia. “This investment aligns with Malaysia and the World Bank Group’s mutual ambitions to broaden access to healthcare services and create more and better jobs in Malaysia, supporting the country’s evolving demographic and healthcare needs.”
Dato’ Lau Beng Long, President and Non-Independent Executive Director of Sunway Healthcare Holdings Berhad, said: “We are honoured to welcome IFC as a cornerstone investor in Sunway Healthcare’s IPO. IFC’s investment reflects strong confidence in our long-term vision to expand access to high-quality, integrated healthcare services in Malaysia while improving the lives we touch. This partnership also reinforces our commitment to advancing the United Nations Sustainable Development Goals, particularly in promoting good health and well-being and strengthening resilient healthcare systems.”
As part of its expansion strategy to provide more communities with access to quality healthcare, Sunway Healthcare will increase its footprint all over Malaysia with hospitals in Seremban (Negeri Sembilan), Putrajaya, and Iskandar Puteri (Johor). With this growth, Sunway Healthcare expects to have a combined capacity of over 3,400 beds among its network of hospitals by 2032.
In fiscal year 2025, IFC health investments reached more than 68 million people around the world with improved health services, supporting the broader World Bank Group’s mission to reach 1.5 billion people with quality health services by 2030.
About IFC
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
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About Sunway Healthcare Holdings Berhad
Sunway Healthcare Holdings (SHH), through its subsidiaries, is one of the leading integrated private healthcare providers with an extensive network of hospitals and healthcare services in Malaysia.
SHH’s network includes its flagship hospital Sunway Medical Centre in Sunway City Kuala Lumpur, hospitals Sunway Medical Centre Velocity, Sunway Medical Centre Penang, Sunway Medical Centre Damansara, and Sunway Medical Centre Ipoh, ambulatory care centres at Sunway Specialist Centre Damansara and Sunway Fertility Centre Kuching and supportive and complementary care centres at Sunway TCM Centre and Sunway Home Healthcare. SHH also operates Sunway Sanctuary, an integrated senior living facility annexed to Sunway Medical Centre Sunway City Kuala Lumpur. To learn more, visit https://www.sunwayhealthcaregroup.com/
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