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Home / Capital / Brokers Calls

Raffles Medical's China Taiping partnership to benefit in China, Singapore

Broker's Calls

Raffles Medical's China Taiping partnership to benefit in China, Singapore

PC Lee Published on Tue, Sep 25, 2018 / 12:26 PM GMT+8

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SINGAPORE (Sept 25): Raffles Medical Group last month signed an MoU with China Taiping Insurance Group (CTIG) to jointly provide medical insurance solutions as well as healthcare management services and explore health-linked property opportunities.

Apart from working capital, Raffles Medical would not be required to put up any significant capex, given that the initial costs would likely be confined to the joint marketing of products.

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