Singapore Medical Group in tie-up to set up eye clinic in Jakarta
Catalist-listed Singapore Medical Group (SMG) said that it had entered into a non-binding agreement on Jan 8 with a counterpart in Indonesia to provide health-care services.
The private specialist health-care provider is exploring a joint venture with Ciputra Group - one of Indonesia's largest property developers - to start the Ciputra SMG Eye Clinic at the Ciputra Medical Centre in Jakarta.
The project will focus on serving patients requiring "vision correction and treatment through Lasik surgery as well as cataract surgery", SMG said in a statement on Tuesday night.
The memorandum of understanding is valid for six months and will expire on July 8, or when a formal joint venture agreement is inked.