Sunday, April 17, 2011

S'pore billionaire plans Johor medical centre

Sun, Apr 17, 2011
AsiaOne

SINGAPORE - Singaporean billionaire Peter Lim is currently working on bringing Thomson Medical Centre across the causeway and into Johor.

The Straits Times reported that the, The Edge weekly said: Mr Lim who took over the Singapore-listed Thomson Medical private last year, has bought 14ha of land in the southern Malaysian state for the project.

The land, in the Stulang Laut area, about 2km from the Johor Causeway, was bought for a purported RM200 million (S$83 million), it reported.


A source added that 'Mr Lim is working to bring in Thomson Medical group to possibly build a health-care facility on that land, probably in an effort to capture more of the medical tourism market.'

The Edge also said he was eyeing a piece of land near Singapore's Botanic Gardens that is currently owned by Johor royalty.

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