SINGAPORE (Yosefardi) – A non-binding Memorandum of Understanding (MOU) has been signed between Singapore Medical Group (SMG) and Ciputra Group, Indonesia to establish the Ciputra SMG Eye Clinic in Ciputra Medical Centre, located in the Mall of Ciputra World 1, Lotte Shopping Avenue, Jakarta, Indonesia on 8 January 2014.
Ciputra Group is one of the largest and most diversified property developers in Indonesia.
The MOU commits the two organisations to cooperate and establish the joint healthcare venture, the Ciputra SMG Eye Clinic that focuses on serving patients requiring vision correction and treatment through LASIK surgery and cataract surgery.
The MOU is valid for six months and shall expire on 8 July 2014, or until the signing of a joint venture agreement for the establishment and operation of a joint venture company (JV Company), whichever is the earlier.
SMG operates one of the largest and operates one of the largest and most established private LASIK and cataract surgery eye centres in Singapore, having treated more than 77,000 eyes since 2005 and been awarded the highest volume VISX (1) treatment site in the world by Advanced Medical Optics (AMO) for 2 consecutive years in 2007 and 2008.