KKR buys stake in Malaysia Avisena

Global investment firm KKR has agreed to purchase a minority stake in Malaysia Avisena Healthcare. The investment will support hospital expansion plans and new greenfield construction across the Klang Valley region.

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Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid

KKR & CO INC will acquire a minority stake in Malaysia's Avisena Healthcare, expanding its footprint in Southeast Asia. The transaction supports Avisena's hospital expansions in Shah Alam and the Klang Valley. Private equity interest in the region's healthcare sector has accelerated on the back of rising disposable incomes and demographic shifts.

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