About Island Hospital
Island Hospital is a company based in George Town (Malaysia) founded in 1996 by Wee Keng Hong was acquired by IHH Healthcare Berhad in September 2024.. Island Hospital offers products and services including Executive Health Screening Package, Cardiology Services, Neurology Services, and Paediatrics Services. Island Hospital operates in a competitive market with competitors including Sunway Medical Centre, KPJ Healthcare, TMCLS, TDM Berhad and KMI Healthcare, among others.
- Headquarter George Town, Malaysia
- Founders Wee Keng Hong
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Island Hospital Sdn. Bhd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
IHH Healthcare Berhad
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Island Hospital
Island Hospital offers a comprehensive portfolio of products and services, including Executive Health Screening Package, Cardiology Services, Neurology Services, and Paediatrics Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Package for physical exams, reports, and consultations for health checks
Services for heart disease prevention, diagnosis, and rehabilitation
Comprehensive care for brain and nervous system conditions
Specialized medical care for children from birth to early adulthood
Funding Insights of Island Hospital
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Island Hospital
Island Hospital has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include IHH Healthcare Berhad and Affinity Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A leader in Asian private equity investments since 1998.
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Founded Year | Domain | Location | |
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Healthcare systems are operated across Asian regions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Island Hospital
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Island Hospital
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Island Hospital Comparisons
Competitors of Island Hospital
Island Hospital operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sunway Medical Centre, KPJ Healthcare, TMCLS, TDM Berhad and KMI Healthcare, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multispecialty hospital services are delivered through a chain in Malaysia.
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| domain | founded_year | HQ Location |
A chain of multispecialty hospitals is operated in Malaysia.
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| domain | founded_year | HQ Location |
Multispecialty hospital services are delivered through a Malaysian chain.
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| domain | founded_year | HQ Location |
Developer of palm oil
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| domain | founded_year | HQ Location |
Operates a chain of multispeciality hospitals providing comprehensive medical care.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Island Hospital
Frequently Asked Questions about Island Hospital
When was Island Hospital founded?
Island Hospital was founded in 1996.
Where is Island Hospital located?
Island Hospital is headquartered in George Town, Malaysia. It is registered at George Town, Penang, Malaysia.
What does Island Hospital do?
Island Hospital was established in 1996 by Wee Keng Hong in George Town, Malaysia. A network of multi-speciality hospitals is managed, focusing on healthcare delivery across various medical fields. Services including diagnostics, treatments, and patient care are provided through the chains facilities. Operations are centered in Malaysia, with the domain islandhospital.com supporting online access to information and appointments.
Who are the top competitors of Island Hospital?
Island Hospital's top competitors include KPJ Healthcare, Sunway Medical Centre and TMCLS.
What products or services does Island Hospital offer?
Island Hospital offers Executive Health Screening Package, Cardiology Services, Neurology Services, and Paediatrics Services.
Who are Island Hospital's investors?
Island Hospital has 2 investors. Key investors include IHH Healthcare Berhad, and Affinity Equity Partners.