Temasek Cartel Signs MoU For First Health City In Malaysia
Temasek Cartel Sdn. Bhd. (“Temasek Cartel”), a subsidiary of Regal International Group Ltd. (“RIGL”), signed a Memorandum of Understanding (“MOU”) with three parties, namely, the Federation of Chinese Medicine and Physicians Sarawak (“the Federation”), Xi Business World Sdn. Bhd. and NIIT College, on 14th December 2019 for the purpose and intention of mutual co-operation to present the First Health City in Malaysia, which will be the first of its kind in the country seeking to provide traditional therapy and traditional medicine as well as education for interested persons both locally and from all around the world.
The parties aim to promote the usage of Traditional Chinese Medicine (TCM) which is an ancient system of health and wellness that has been used and proven in China for thousands of years, with a focus of treating diseases as well as general well-being care.
Kuching Health City will be located at Tropics City, the first Enrichment Hub in Sarawak, which is one of the main projects undertaken by RIGL here in Kuching, Sarawak.
The objectives of this MOU will see the provision of expertise and services by the Federation, and Temasek Cartel working as one of the platforms and connectors for RIGL here in Sarawak. Parties will look into the promoting of the First Health City and also Tropics City, and parties will accordingly enter into formal agreements in due course to cover the different aspects of health, education and properties. It is hoped that through this advantageous connections, all parties will be able to benefit from the external market opportunities.
The signing ceremony took place in Kuching, Sarawak, at the Sales Galleria for RIGL, and was witnessed by YB Lo Khere Chiang, the Chairman of Padawan City Council.