AsiaMedia announced that its wholly-owned subsidiary, AMC Healthcare, has entered into a shareholders’ agreement with Sunway Equity Holdings (SEH) to set up and operate a new medical diagnostics imaging centre in Novena, Singapore.
AMC and SEH will establish AsiaMedic 505 Sunway to operate the new centre in Novena, which will provide a comprehensive range of general imaging as well as sub-specialised fields of radiology imaging such as computed tomography (CT) scans and magnetic resonance imaging (MRI) scans using the latest equipment.
Arifin Kwek, CEO of AsiaMedic Limited, says: “The partnership with Sunway presents an opportunity for expansion of the group’s diagnostic imaging business into Novena, which is a significant healthcare and medical services hub in Singapore. This will greatly complement the group’s existing integrated medical centre at Orchard Road and enable us to serve more patients with greater convenience.”
The new diagnostic imaging centre will offer the same cutting-edge imaging services as the group’s flagship centre at Orchard Road, which significantly expanded its capacity in September 2023 by being the first in Asia Pacific to operate the SIGNATM Hero 3T MRI scanner. Once completed, the new centre in Novena will nearly double the group’s diagnostic imaging capacity.
Sarena Cheah, executive director of Sunway, says: “We are confident in the long-term prospects of our partnership as AsiaMedic has a trusted track record and aptitude in providing tailored offerings to its patients. In addition, the new diagnostic imaging centre’s strategic location and close proximity to other healthcare providers will position us as the preferred choice for patients. This partnership will offer strategic benefits to Sunway and enhance our existing healthcare ecosystem.”
As at 9.50am, shares in AsiaMedic are trading at 1.1 cent.
