Health Management International (HMI)

SINGAPORE (Aug 21): Raffles Medical Group, which operates over 80 CHAS-approved clinics in Singapore, could see a lift in its local patient load given the new healthcare initiatives launched by the government.

SINGAPORE (May 23): Stocks of the 15 largest Singapore-listed healthcare equipment and services companies with market caps above $100 million, have gained an average 9.2% year to date, according to data from the Singapore Exchange.

SINGAPORE (May 18): More than a decade after ceasing hospital operations in Singapore, Health Management International (HMI) is making a comeback.

SINGAPORE (May 16): Maybank Kim Eng is maintaining its “buy” call on Health Management International (HMI) with a target price of 80 cents.

SINGAPORE (May 14): Health Management International (HMI) has announced the acquisition of a 62.5% equity stake in StarMed @ Farrer Square. On top of the purchase price of $6.9 million, HMI will inject a $1.9 million shareholders loan while assuming oblig

SINGAPORE (May 11): Health Management International (HMI) on May 9 announced that it has swung back to profitability in 3Q18, posting earnings of RM15.9 million ($5.4 million), compared to a loss of RM1.6 million last year.

SINGAPORE (May 9): Health Management International (HMI) posted earnings of 15.9 million ringgit ($5.4 million) for the 3Q ended March, swinging out of a net loss of 1.6 million ringgit a year ago.

SINGAPORE (Feb 14): UOB Kay Hian and Phillip Capital are maintaining their “buy” calls on Health Management International (HMI), both with target prices of 83 cents, after the group’s 1H results for FY2018 came in line with expectations.  

SINGAPORE (Feb 1): Private healthcare provider Health Management International (HMI) has signed a licensing agreement with Gakken Cocofump Holdings to use the latter’s educational content covering best practices in elderly care training.

SINGAPORE (Jan 8): Although healthcare stocks in Singapore underperformed last year largely due to the setting up of new hospitals overseas, CIMB says the sector would be rerated once they stabilised.