For the remaining healthcare stocks, their most recent results announcements were not entirely positive. One instance is Q&M Dental Group (SGX:QC
) 7, known as a fast-growing stock which operates Singapore’s largest network of dental clinics in Singapore, plus some clinics in Malaysia and China.
The big hospital boys in the industry may be riding on the recovery of the economy, but the smaller niche players are finding it tougher to latch on to the same growth opportunities and attract investors.
Among the listed companies that were taken private last year, three were healthcare stocks: Singapore Medical Group (SMG), Singapore O&G and Asian Healthcare Specialists. Another notable delisting of a listed healthcare company would be that of Health Management International, which operates hospitals and specialist centres in Singapore and Malaysia. It was taken private in 2019 by its controlling shareholders together with private equity firm EQT Partners.
