SINGAPORE (July 21): Thomson Medical Group (TMG), through its indirect wholly-owned subsidiary Thomson Medical, has incorporated a wholly-owned subsidiary, Thomson Kids on Tuesday.
Thomson Kids has an issued and paid-up share capital of $100 comprising 100 shares.
The newly-incorporated subsidiary aims to cater to children’s developmental health and well-being in a holistic and multidisciplinary way.
Thomson Kids will begin with a learning centre with structured educational programmes based on evidence-based interventions to help children with learning difficulties.
Through its team of psychologists, speech and language therapists, as well as trained teachers, Thomson Kids says it aims to help children maximise and optimise their learning potential, and learn more effectively so they can better participate and progress in the mainstream education environment.
The incorporation of Thomson Kids is funded through internal resources and is not expected to have any material impact on the group’s earnings per share (EPS) and net tangible assets (NTA) for the financial year ending June 30.
Shares in Thomson Medical closed 0.1 cent higher, or 1.8% up, at 5.7 cents on Tuesday, prior to the announcement.
