Home THE DAILY EDGE Business Healthway Medical Corp may get new outside investors
Healthway Medical Corp may get new outside investors

Tags: Healthway Medical Corp | Healthway Medical Corp. | Healthway Medical Group

Written by Reuters   
Friday, 10 December 2010 14:02
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Healthway Medical Corp <HEMC.SI>, which runs medical and dental clinics in Singapore and China, is speaking to potential investors who have expressed an interest in taking a stake, a company executive said.

“Healthcare in Singapore has become a very attractive sector for investors and Healthway has had its share of interest,” Adrian Leong, group medical director and managing director of medical services, told Reuters in an interview.

“Some of this is in the midst of being discussed,” he said. He declined to elaborate as the talks were confidential.

Interest in Singapore’s healthcare sector has soared since Malaysian state investor Khazanah <KHAZA.UL> took over hospital operator Parkway <PARM.SI> in a US$2.6 billion ($3.4 billion) deal earlier this year, beating a rival bid by India’s Fortis Healthcare <FOHE.BO>.



Last Updated on Friday, 10 December 2010 14:03