Who are the potential buyers for IMU Health and its assets?

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Potential Buyers Identified for IMU Health and Associated Assets

IHH Healthcare Bhd is in the process of divesting its stake in IMU Health Sdn Bhd and related educational entities, with Inbound Education Holdings Sdn Bhd (IEHSB) and Columbia Asia Sdn Bhd identified as the potential buyers. The transaction, which has an initial cash consideration of RM1.35 billion subject to adjustments, involves the sale of IHH's entire shareholding in IMU Health, as well as a hospital under construction.
Inbound Education Holdings Sdn Bhd's Role

Inbound Education Holdings Sdn Bhd (IEHSB) is set to acquire IHH Healthcare's complete ownership of IMU Health Sdn Bhd. IMU Health is the parent entity that ultimately manages higher learning institutions, several clinics, and a dialysis centre. This acquisition by IEHSB forms a significant part of the overall disposal strategy for IHH Healthcare's educational assets.
Columbia Asia Sdn Bhd's Involvement

Columbia Asia Sdn Bhd is identified as the buyer for a hospital currently under construction in Kuala Lumpur. This hospital, along with its associated assets and liabilities, will be disposed of by IMU Education Sdn Bhd, a subsidiary of IMU Health. This move is being undertaken in conjunction with the broader sale of IMU Health to IEHSB.
Scope of IMU Health's Ownership

IMU Health Sdn Bhd holds a 100 per cent equity interest in its key operational units: IMU Education Sdn Bhd, IMC Education, and IMU Healthcare. The proposed disposals encompass these entities, reflecting a comprehensive divestment of IHH Healthcare's interests in the International Medical University (IMU) and its related operations.
Regulatory Approval Pending

The entire disposal process is contingent on obtaining the necessary written approval from the Ministry of Higher Education (MoHE). IHH Healthcare has formally submitted an application to the MoHE to secure this approval, which is required for the arrangement and agreement to sell or otherwise materially affect the businesses of IMU Education and IMC Education.

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Who are the potential buyers for IMU Health and its assets?

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