(26 February 2024, Singapore) — OncoCare Medical (“OncoCare”), a portfolio company of Templewater, has entered into a Letter of Intent (LOI) with Thomson Hospitals Sdn. Bhd. (THSB) to negotiate exclusively on establishing oncology services in Kuala Lumpur, Malaysia.
This move marks a key step in OncoCare’s regional expansion strategy, leveraging its established presence in Singapore to extend cancer care offerings to Malaysia.
THSB, a subsidiary of TMC Life Sciences Berhad and operator of hospital facilities that serve the greater Kuala Lumpur region, brings a strong local infrastructure and reputation.
Through this collaboration, OncoCare aims to bring its multidisciplinary, patient-centric oncology services to more patients in Malaysia with reliable access and high standards of care.
Read the full announcement on Templewater