SINGAPOREHANOI, Jan 19 Reuters Global investment firm KKR Co has emerged as the largest shareholder of one of Vietnam39;s biggest eye hospital chains, Medical Saigon Group MSG, according to an MSG internal memo seen by Reuters on Friday.

Financial details of the investment were not disclosed in the memo sent to MSG39;s staff on Jan. 19 from MSG Group Chief Executive Officer Huynh Le Duc.

New Yorkbased KKR will take over as MSG39;s largest shareholder from Singapore39;s investment firm Heliconia Capital, whollyowned unit of Singapore39;s state investment firm Temasek Holdings TEM.UL, according to the memo. Heliconia acquired MSG in 2019.

KKR will step into the shoes of Heliconia to become our largest shareholder. Heliconia will transition out of MSGafter a very successful partnership together, Duc said in the memo.

With KKRs investment and partnership, we will be able to accelerate our growth to reach more patients, deliver better patient outcomes, and expand our footprint across Vietnam, the memo added.

The board hoped to be able to accelerate our growth to reach more patients, deliver better patient outcomes, and expand our footprint across Vietnam with KKR39;s investment.

Founded in 2004, MSG has 13 hospitals in Vietnam, including eight ophthalmology hospitals and five general ones, according to its website.

Healthcare assets in Southeast Asia are attracting more interest as investors bet on the region39;s growth and the sector39;s ability to weather a…