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medical
Deals, joint ventures & alliances
NDR Medical raises $8 mil in Series A funding; prepares for expansion into US
Singapore-based surgical robotic firm NDR Medical Technology (NDR) has secured $8 million in its Series A funding on Monday.
July 21, 2020
Contracts
OUE Lippo Healthcare JV to manage 3 hospitals in major Chinese cities
SINGAPORE (Dec 31): OUE Lippo Healthcare will manage three medical facilities in Shanghai, Chongqing and Nanjing through to a joint-venture agreement.
December 31, 2018
Indonesia billionaire family reshuffles empire on currency rout
SINGAPORE/JAKARTA (Sept 19): Southeast Asia’s billionaire Riady family is reshuffling its health-care holdings as its core property business grapples with the emerging-market rout.
September 19, 2018
Results
Time needed to heal TalkMed's wound from CEO Ang's suspension: RHB
SINGAPORE (Apr 27): RHB is maintaining its “neutral” call on TalkMed Group with a lower target price of 70 cents from 72 cents previously after the group reported a weak 1Q18 set of financial results.
April 27, 2018
Broker's Calls
Tianjin Zhongxin Pharma on its way to a stellar 2018 & beyond, says UOB
SINGAPORE (Apr 2): UOB Kay Hian is keeping Tianjin Zhongxin Pharmaceutical Group at “buy” with a higher target price of US$1.66 ($2.17), pegged to peer average of 14.1 times FY18 earnings.
April 02, 2018
Results
More acquisitions likely for Singapore Medical Group in 2018
SINGAPORE (Mar 1): UOB Kay Hian is maintaining its “buy” call on Singapore Medical Group (SMG) with a P/E-based target price of 83 cents, pegged to the peer average FY18 P/E ratio of 26.8 times.
March 01, 2018
Interview
Aoxin takes a big bite of China's buoyant dental market
SINGAPORE (Jan 31): Oral medicine specialist Dr Shao Yongxin has always been fascinated by the artistry and technical expertise involved in the practice of dentistry.
January 31, 2018
Broker's Calls
Ang Peng Tiam's suspension to remain key near-term overhang on TalkMed: CIMB
SINGAPORE (Jan 8): CIMB is maintaining its “hold” call on TalkMed Group with a lower target price of 68 cents from 92 cents previously, after cutting FY17-19F earnings per share (EPS) estimates by 18-21% to factor anticipated earnings losses from the
January 08, 2018
Ping An is now second largest shareholder of Fullerton Healthcare after $163.3 mil investment
SINGAPORE (Nov 28): Fullerton Healthcare Corporation, which deferred plans for an IPO last year, has received a significant investment of more than RMB800 million ($163.3 million) from Ping An Capital.
November 28, 2017
Broker's Calls
Robust growth momentum keeps Health Management at 'buy'
SINGAPORE (Nov 16): Maybank Kim Eng is maintaining its “buy” call on Health Management International (HMI) with a target price of 80 cents, after the group’s 1Q18 core earnings came in line with expectations to make up 27% of the research house’s
November 16, 2017