Healthcare

SINGAPORE (April 25): Singapore Press Holdings (SPH) today announced its acquisition of Orange Valley Healthcare (OV), the operator of nursing homes and ancillary services, for about $164 million from private equity firm KV Asia Capital.

SINGAPORE (April 25): RHB and Maybank Kim Eng Research have lowered their price targets on Raffles Medical Group (RMG) to $1.49 from $1.72, and to $1.67 from $1.70 respectively after the group posted a marginal 1.7% decline in 1Q17 revenue yesterday on so

SINGAPORE (April 17): As global markets enter into a consolidation phase, Bank of Singapore (BoS) is advising investors to brace themselves for higher volatility by seeking shelter in “dividend growers” – quality companies with strong balance sheets

SINGAPORE (April 6): The Asia-Pacific region continued to dominate global initial public offering (IPO) activity in 1Q17 to account for 70% of the global number of IPOs and 48% by global proceeds.

SINGAPORE (April 3): Raffles Medical Group (RMG) has acquired a 28,000 sq m plot of land in the New North District of the Liangjiang New Area in Chongqing, China, on which it intends to develop a 700-bed international tertiary general hospital.

SINGAPORE (March 24): With solid cash flows and little debt, tech and electronic component manufacturers have long been favourites among yield-seeking investors.

SINGAPORE (Feb 27): Raffles Medical Group says it has entered into a memorandum of understanding (MoU) to “explore cooperation” between itself and China’s Chongqing Liangjiang New Area Administrative Committee on “healthcare-related projects”.

SINGAPORE (Feb 23): Haw Par Corporation reported FY16 earnings of $125 million, a 31.8% decline from the previous year’s earnings of $183.3 million due to one-off equity accounting gains from an associate in the previous year.

SINGAPORE (Feb 16): In 2014, Patrick Tan underwent several surgical procedures as a result of two accidents suffered while playing football. Eighteen months later, his medical bill was an astronomical $400,000. At the time, he and his wife, Audrey, were e

SINGAPORE (Feb 10): Property developer Oxley Holdings, together with CEO Ching Chiat Kwong and deputy CEO Low Chee Sing, have entered into an agreement to grant a convertible loan facility to medical group International Healthway Corporation (IHC) for the