S P Setia ventures into healthcare

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SHAH ALAM: S P Setia Bhd via its subsidiary Setia HC Ventures Sdn Bhd, has signed an settlement with Qualitas Medical Group Sdn Bhd meaning to develop and function an ambulatory care centre (ACC) in Setia Alam, Shah Alam.

This is the primary enterprise by the group into healthcare, which is a rising enterprise, given the market development,” president and CEO Datuk Choong Kai Wai stated in a press release.

“ACCs are outpatient centres providing a range of comprehensive specialist and surgical services including wellness, diagnosis, treatment and rehabilitation. They act as a bridge between full-fledged medical centres and general practice clinics,” he added.

S P Setia has recognized the primary ACC to be established at Setia City Residences in Setia Alam, taking cognisance of such developments.

Setia City Residences is a three-tower built-in mixed-development that provides residential and industrial parts. It can also be related by way of a hyperlink bridge to Setia City Mall.

“The group has been exploring new businesses that will complement the group’s strength to vary its income, and ACC, which requires relatively small capital investment, is one such potential identified. Accelerated by the recent pandemic, healthcare services have a strong prospect for now and the future,” Choong stated.

Meanwhile, Qualitas founder, director and govt chairman Datuk Dr Noorul Ameen Mohamed Ishack stated Qualitas was honoured to be recognized by S P Setia as its first associate in its healthcare foray.

“The location of the ACC is strategic, and we foresee that this collaboration will strengthen Qualitas’ offerings in the various areas we are present in currently and beyond.

“Qualitas’ expertise in operating and managing outpatient centres and S P Setia’s experience in successful townships will form a strong and fruitful partnership for such ventures,” he stated.



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