KUALA LUMPUR, Malaysia, Feb 28 (Bernama) — Black Group Investment Holding (Black Group), a Singapore-based investment firm, has announced an SGD$100 million investment to acquire and develop a state-of-the-art medical and hospitality facility (known as Meditel) in the heart of Malaysia’s vibrant Golden Triangle region in central Kuala Lumpur. This pioneering facility will be dedicated to anti-aging, rejuvenation and advanced cell therapy treatments, featuring a specialised cell banking lab and the latest in regenerative medicine technologies.
The facility will utilise Black Group’s existing IPs in cutting-edge biotech sciences with luxurious hospitality offerings, establishing it as a premier destination for individuals seeking innovative treatments to enhance vitality and longevity. This investment reflects Black Group’s strategic vision to develop a unique asset in the rapidly growing wellness market, particularly within the Southeast Asia region.