Ho’s family to invest in Malaysian healthcare start-up

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Stanley Ho, managing director of Sociedade de Jogos de Macau SA (SJM Holdings Ltd.), smiles at the company's trading debut on the Hong Kong Exchange, in Hong Kong, China, on Wednesday, July 16, 2008. SJM Holdings Ltd., Macau's biggest casino operator, fell in its debut in Hong Kong after a court dismissed a legal challenge to the listing by the sister of the controlling shareholder, billionaire Stanley Ho. Photographer: Jerome Favre/Bloomberg News

A member of the Stanley Ho family has purportedly invested millions of U.S. dollars in an online healthcare platform – BookDoc – headquartered in Malaysia, local media reported.
The investment by the Macau tycoon’s family has been reported as another vote of confidence in the young company after other strategic foreign investors poured money into the healthcare technology startup, including Prince Abdul Qawi, a member of the Brunei Royal family, according to Deal Street Asia.
Although the identity of the family member and the total investment amount are not disclosed, BookDoc founder and CEO Dato’ Chevy Beh said the investment would amount to a double-digit million sum, according to local reports.
BookDoc is an online platform that seeks to improve the timeliness of diagnosis and appropriate care by connecting patients to healthcare professionals anytime anywhere, according to the company website.
Launched in October 2015, the online platform is established in Malaysia, Singapore, Thailand, and Hong Kong, where it is said to handle services for more than 50 per cent of private clinics, reported Malaysia Digest.