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Aster GCC set to embark on an ambitious expansion plan across the Gulf region, especially in Saudi Arabia, and enhance access to high quality healthcare across physical and digital channels In November 2023, the Company obtained board approvals to separate its GCC and India businesses to establish two distinct healthcare champions that will benefit from the strategic and financial flexibility to meet the priorities of patients and focus on the growing demand in their respective markets. The plan was also approved by the Company’s shareholders in January 2024.
Dr. Azad Moopen, Founder Chairman of Aster DM Healthcare said, “The separation has established a GCC business which has tremendous growth potential and will be focused on tapping the opportunities in the region. We are glad that Fajr Capital and its consortium of partners has chosen to partner with us on this growth journey and we are confident that their demonstrated expertise will empower our expansion plans within GCC’s dynamic healthcare landscape, especially Saudi Arabia.
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