TPG considers sale or IPO of Malaysia-based Asia OneHealthcare: sources

Businesstimes News
2026.03.05 08:24
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TPG is exploring options for Asia OneHealthcare, including a potential sale or IPO, as private equity deal activity rises. The Kuala Lumpur-based medical services provider could be valued at up to RM30 billion (S$9.7 billion). TPG is consulting advisers linked to a separate IPO by Sunway Healthcare Holdings Bhd. No final decisions have been made, and TPG may retain its stake. TPG previously acquired hospitals from Asia OneHealthcare for about US$1.2 billion in 2019 and has been active in other Southeast Asian deals.