Econ Healthcare Group

Broker's Calls

Higher staff costs, loss of investor trust plague Econ Healthcare: DBS

“There is lack of information on remedial solutions on Econ’s investment mandate, which could cloud investors' perception.”
DBS starts Econ Healthcare (Asia) at 'buy' with TP of 40 cents - THE EDGE SINGAPORE

Broker's Calls

DBS starts Econ Healthcare (Asia) at 'buy' with TP of 40 cents

The stock has an “undemanding valuation” at 22.0 times FY2022 P/E, compared to its peer average of 23.9 times.
Econ Healthcare to open second nursing home in China - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Econ Healthcare to open second nursing home in China

The home will have a capacity of 280 beds and will be operational by 2022.
Econ Healthcare (Asia) reports 41.2% higher earnings of $5.7 mil for FY21 - THE EDGE SINGAPORE

Results

Econ Healthcare (Asia) reports 41.2% higher earnings of $5.7 mil for FY21

The group has declared a final dividend of 0.78 cent per share, to be paid out on Sept 3.
Econ Healthcare seeks a relist for China planned expansion - THE EDGE SINGAPORE

IPO

Econ Healthcare seeks a relist for China planned expansion

ECON Healthcare is back in the stock market with a renewed interest and aims to break the taboo of nursing homes.
Econ Healthcare launches IPO with 50 mil offering shares at 28 cents apiece - THE EDGE SINGAPORE

IPO

Econ Healthcare launches IPO with 50 mil offering shares at 28 cents apiece

Based on the figures Econ Healthcare will have a market capitalisation of $72 million upon its listing.

Tech

Financial whale-watching app Spiking reels in the big fish

SINGAPORE (Sept 19): Spiking, a financial technology (fintech) mobile application which helps average traders to follow the stock market activity of big investors, on Monday announced it has exceeded its Series Seed Funding target of $1 million.
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