KL Wellness City and OCBC Malaysia form strategic partnership to strengthen healthcare financing ecosystem

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11 Jun 2026 • 10:50 AM MYT
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Image from: KL Wellness City and OCBC Malaysia form strategic partnership to strengthen healthcare financing ecosystem

Under the partnership, KLWC and OCBC Malaysia will collaborate on coordinated marketing initiatives, joint events and professional engagement programmes.

KUALA LUMPUR: KL Wellness City (KLWC) and OCBC Bank (Malaysia) Berhad have formalised a strategic collaboration aimed at strengthening integrated healthcare, wellness and financial services through a newly signed Memorandum of Understanding (MoU).

The agreement also involves OCBC Group companies Pac Lease Berhad and Great Eastern General Insurance (Malaysia) Berhad, which will jointly deliver financial, leasing and protection solutions to support healthcare professionals and KLWC customers in establishing and growing their practices.

KL Wellness City and OCBC Malaysia form strategic partnership to strengthen healthcare financing ecosystem
From left: Dato’ Dr Colin Lee, Managing Director of KL Wellness City and Tan Chor Sen, Chief Executive Officer of OCBC Bank (Malaysia) Berhad, exchanging a handshake following the signing of a Memorandum of Understanding (MoU) between the two organisations in June 2026.

The MoU was signed by KL Wellness City Managing Director Dato’ Dr Colin Lee and OCBC Malaysia Chief Executive Officer Tan Chor Sen, marking what both parties described as a shared commitment to advancing innovation and cross-sector collaboration within the healthcare ecosystem.

Under the partnership, KLWC and OCBC Malaysia will collaborate on coordinated marketing initiatives, joint events and professional engagement programmes aimed at strengthening awareness of healthcare, wellness, lifestyle and financial solutions.

KL Wellness City, located in Bukit Jalil, is positioned as Southeast Asia’s first purpose-built integrated wellness township, spanning 26.5 acres.

It combines healthcare, lifestyle and commercial components within a single ecosystem anchored by the upcoming KL International Hospital, a tertiary private hospital with a planned capacity of around 1,000 beds and 25 operating theatres.

Adjoining the hospital is The Nobel Healthcare Park, which comprises Medical Suites, Wellness Suites, Commercial Suites, Business Suites and Retail Suites designed to support healthcare professionals and related industries.

A key feature of the collaboration is the introduction of OCBC’s Medipreneur Programme, a comprehensive financing and protection solution tailored for healthcare professionals, including purchasers of Medical Suites at The Nobel Healthcare Park.

The programme brings together offerings from OCBC Malaysia, Pac Lease and Great Eastern, covering financing, leasing and insurance protection.

OCBC Malaysia provides banking and financing solutions, including unsecured business financing of up to RM600,000 with flexible repayment terms of up to seven years, as well as commercial property financing of up to 150% for companies and 85% for individuals. Eligible entrepreneurs may also access OCBC Women Unlimited and sustainability-focused financing tools.

Pac Lease Berhad offers medical equipment financing of up to 100% of equipment cost, alongside working capital financing of up to RM300,000, with fast approval turnaround and no collateral requirements for selected facilities.

Great Eastern General Insurance (Malaysia) Berhad provides protection solutions including medical malpractice insurance, with a 10% premium discount offered under the programme.

The initiative also includes business support services through Boss Boleh, which provides incorporation assistance, consultations and promotional support for healthcare professionals establishing their practices.

Beyond financial solutions, the MoU outlines plans for joint engagement initiatives, including networking sessions, knowledge-sharing forums and curated events for medical professionals within the KL Wellness City ecosystem. OCBC Malaysia will also participate in selected programmes at the KL Wellness City Gallery, offering advisory sessions and product briefings.

KL Wellness City and OCBC Malaysia form strategic partnership to strengthen healthcare financing ecosystem
Front row (from left): Dato’ Sri Dr Vincent Tiew, Executive Director, KL Wellness City; Tan Chor Sen, Chief Executive Officer, OCBC Bank; Dato’ Dr Colin Lee, Managing Director, KL Wellness City; Chan Kok Leong, Head of Emerging Business, OCBC Bank; Dato’ Dr Jacob Thomas, Executive Director, Healthcare Services, KL Wellness City; and Joe Chen, Advisor, PacLease, joined representatives from KL Wellness City, OCBC Bank, PacLease and BossBoleh in a group photo following the Memorandum of Understanding (MoU) signing ceremony between KL Wellness City and OCBC Bank.

KL Wellness City Managing Director Dato’ Dr Colin Lee said the partnership strengthens the ecosystem approach by integrating financial enablement into healthcare development.

“This collaboration enhances our ability to support healthcare professionals not only in establishing their practices, but also in sustaining and growing them within a comprehensive ecosystem,” he said.

OCBC Malaysia CEO Tan Chor Sen said the Medipreneur Programme reflects the evolving role of healthcare professionals as both clinicians and business operators.

“Through our One Group approach, we bring together OCBC Malaysia, Pac Lease and Great Eastern to provide integrated solutions covering financing, asset acquisition and protection, enabling doctors to build and grow their practices with confidence,” he said.

The signing ceremony was attended by senior representatives from both organisations, marking the start of a long-term collaboration aimed at supporting the growth of Malaysia’s healthcare and wellness sector.

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