Current portfolio

HMI Group

A reputable private healthcare provider with regional presence in Singapore, Malaysia and Indonesia

The Group is headquartered in Singapore and serves approximately 500,000 patients per year in its two tertiary hospitals in Malaysia, an ambulatory medical center and a General Practice clinic chain in Singapore.

  • Sector
    Healthcare
  • Country
    Singapore
  • Fund
    EQT Mid Market Asia III
  • Entry
    2019
  • Web

Private Capital

HMI Group

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About HMI Group
Founded in 1998, HMI Group is a regional private healthcare provider, led by an experienced management team and guided by a board with vast experience in developing and growing healthcare businesses. HMI Group’s two tertiary hospitals in Malaysia, Mahkota Medical Centre and Regency Specialist Hospital, are known for their clinical quality and breadth of specialties and subspecialties, and are leading players in medical tourism in Southeast Asia. The ambulatory medical center in Singapore, StarMed Specialist Centre, is the pioneer in one-stop ambulatory medical center in Singapore with focus on short-stay surgeries.

Market trends and drivers
The demand for private healthcare in Malaysia and Singapore is driven by an ageing population and an increasing prevalence of chronic diseases. Healthcare services also remain underpenetrated in other Southeast Asian markets. As an established regional platform, HMI is well positioned to provide quality healthcare services to both local patients and medical tourists.

Investment potential
Leveraging on its reputation and experienced Management team, HMI Group is focused on driving growth, both organically through expansion of existing facilities and inorganically through further developing its presence across Southeast Asia. EQT will support HMI Group in exploring acquisition opportunities and HMI Group will also be able to leverage on EQT’s deep healthcare sector expertise, global network and vast experience in rolling out digitalization initiatives.

Board of directors

  • Chairperson
    Dr Gan See Khem
  • Board member
    Chin Wei Yao
  • Board member
    Datuk Fakhri Yassin bin Mahiaddin
  • Board member
    Dr Lars Gatenbeck
  • Board member
    Brian Chang

Management

  • Group CEO
    Chin Wei Jia
  • Group CFO
    Yow Lee Chan
  • CCO
    Chin Wei Yao

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