The contract period begins from Sept 20 and ends on Feb 9, 2025. Raffles Medical had the lowest bid value of $151,392.
RHB Bank Singapore analyst Shekhar Jaiswal is keeping his “buy” call on Raffles Medical Group (SGX:BSL) with an unchanged target price of $1.75.
Jaiswal’s report, dated Sept 28, comes after the group beat a total of nine bidders and was awarded the contract to continue providing medical services at Connect@Changi as a transitional care facility or Covid-19 treatment facility at Hall 9 and as a Covid-19 treatment facility at Hall 10.

