On 5 November 2005, Fomena made the headline of The Star. The Star reported that Fomema has suspended more than 100 clinics on its panel since the start of this year under a nationwide clean-up exercise to curb irregularities in the examination of foreign workers.
Fomena is an independent agency responsible for monitoring and coordinating the medical examination of foreign workers, a requirement for the renewal of work permits by the Immigration Department.
On 6 November 2005, The Star further reported that Health Minister Datuk Dr Chua Soi Lek advises Fomema to report errant doctors to the Malaysian Medical Council (MMC)
Few of us realize that Femona will be acquired by Singapore’s Parkway Holdings Ltd, a company listed on Singapore Exchange Ltd (SGX).
On 13 September 2005, Parkway announced it acquisition of 31% of Pantai Holdings Bhd for a total of RM311.58 million. Femona, a subsidiary of Pantai, would be in the hand of Parkmay, a Singapore company if the deal completed.
Fenoma Sdn Bhd and Pantai Medivest Bhd. Both company that hold government concessions contribute more than 44% of turnover of Pantai Holdings Bhd.
Mainstream media in Malaysia has reported that some parties in Malaysia opposed the Parkway-Pantai dealt because one of the largest private hospital chain in Malaysia will fall in the hand of a Singapore company.
Actually, we did not opposed the hospital fall into the hand of Singapore company as this is a private hospital. However, an the government let the concessions (Fomena and Pantai Medivest ) fall into the hand of a foreign company?
Pantai Holdings Bhd other non-core business included Avenue and Pos Malaysia Bhd.
Updated: Jeff Ooi's Sensitive database: In foreign hands we trust? December 20, 2005
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