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Reply to @cmlee1 : Yup. I attach the following link for some nuggets of information on the pace of expansion for PT Siloam International Hospitals. They are the largest South East Asia healthcare operator with 33 hospitals based in 24 cities in Indonesia. Just in 2017 and 2018, they built 10 hospitals in two years (almost one third of their total number of hospitals are at least in new startup phase). And these 10 new hospitals are still in ramp up stage incurring startup losses at the moment.

https://theinsiderstories.com/cvc-increase...

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