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Thomson Medical Group in ‘preliminary confidential discussions’ to explore potential transaction

Felicia Tan
Felicia Tan • 1 min read
Thomson Medical Group in ‘preliminary confidential discussions’ to explore potential transaction
Shares in Thomson closed flat at 5.9 cents on June 8.
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Thomson Medical Group A50

says it is in “preliminary confidential discussions” to explore a potential transaction.

The discussions are ongoing and no definitive terms have been agreed upon between the parties yet, says the group. There is also no certainty that any transaction will come out of the discussion, it adds.

The announcement comes after Bloomberg reported that the group is in “advanced talks” to buy a controlling stake in Vietnam’s FV Hospital.

Shares in Thomson closed flat at 5.9 cents on June 8.

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