Ratch completes acquisition of minority stake in Kasemrad International
RATCH Group has completed the acquisition of a minority stake in Kasemrad hospital from Bangkok Chain International (BCIL) in Laos.
After the transaction Ratch group holds a 9.91% stake in the hospital. The transaction is valued at TBH190 million (US$5.80 million). Earlier on July 30, 2021, Ratch has signed a share purchase and purchase agreement with BCIL for the acquisition.
Kasemrad hospital is located in Laos's capital city Vientiane and has 254 beds for private tertiary care.
Country updates
-
-
May 24, 2021
Laos selected provider for airport expansion PPP project
The Ministry of Planning and Investment of Laos has selected Korea Airports Corporation (KAC) as a provider of feasibility studies for the Airport Expansion PPP project. Bidding for the first part of...
Read more -
March 22, 2021
Laos signs concession agreement for power grid PPP project
The government of Laos and Electricite du Laos Transmission Company (EDLT) have signed a 25-year concession agreement for the power grid PPP project in Laos. The agreement allows the company to b...
Read more -
December 22, 2020
MoU signed for development of 728 MW Phou Ngoy Hydropower plant
Doosan Heavy Industries & Construction had signed an MoU with Korea Western Power to cooperate on developing a hydropower plant in Phou Ngoy, Laos. The Thailand-based developer Charoen Energy and...
Read more -
November 10, 2020
MoU signed for Southern Laos railway line
The Government of Laos has signed the Memorandum of Understanding (MoU) with a Chinnakorn Civil Public Company in Thailand for the development of a 345 km long railway line which will connect&nbs...
Read more -
June 12, 2020
RFEOI seeking advisory for Lao PDR's PPP Framework
The World Bank Group has issued a request for expression of interest (RFEOI) seeking infrastructure advisory to support the development of Laos PDR's PPP framework and management of unsolicited propos...
Read more
