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E&O Partners Cengild Medical and Skyspring to Develop RM350 Million Private Hospital at Andaman Island

Kuala Lumpur, 19 June 2026 – Eastern & Oriental Berhad is expanding the long-term value proposition of Andaman Island with a new healthcare-led development, after its wholly-owned subsidiary KCB Holdings Sdn Bhd entered into a conditional joint venture agreement with Cengild Medical Berhad and Skyspring Sdn Bhd to develop a multidisciplinary tertiary private hospital within the Gurney Green district in Penang.

The proposed hospital marks a strategic step in E&O’s broader masterplan for Andaman Island, positioning the waterfront township not only as a residential and lifestyle destination, but also as a more complete urban ecosystem supported by essential community infrastructure.

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  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

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