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Embracing change is the right medicine for Asean's healthcare providers - THE EDGE SINGAPORE

Asean

Embracing change is the right medicine for Asean's healthcare providers

Covid-19 represented a perfect storm for both public and private healthcare providers. This year looks to be equally challenging.

Results

Q&M Dental 2Q earnings surge to $13.6 mil on one-time gain from spinoff

SINGAPORE (Aug 15): Q&M Dental Group announced group earnings increased more than trebled to $13.64 million for 2Q17 from $3.7 million in 2Q16 due to a one-time $16.9 million gain from Q&M’s spin-off of Aoxin from an subsidiary to an associate in April.

IHH Healthcare breaks ground for Gleneagles Shanghai Hospital

SINGAPORE (June 9): IHH Healthcare, together with its strategic partner Taikang Insurance Group and joint venture (JV) partner Shanghai Hongxin Medical Investment Holding, today broke ground for Gleneagles Shanghai Hospital.

Broker's Calls

Medical tourism weakness in Singapore could be temporary: Maybank

SINGAPORE (June 5): Maybank Kim Eng Research continues to rate Raffles Medical Group (RMG) at “buy” as Singapore’s leading integrated healthcare provider, with a “robust track record and exciting development plans” of two hospitals in China.

Health Management International raises $18.5 mil with oversubscribed rights issue

SINGAPORE (March 15): Health Management International (HMI) announced that its recent renounceable non-underwritten 11-for-200 rights issue was 145.7% subscribed, raising gross proceeds of roughly $18.5 million.

Maybank's 6 stocks for 2017

This established medical group is poised for further growth

SINGAPORE (Jan 12): Maybank Kim Eng is maintaining its “buy” call on Raffles Medical Group with an unchanged target price of $1.85 as the research house remains positive on the stock’s long-term growth, particularly in the case of its overseas proje
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