Former Parkway Holdings managing director Tony Tan transformed the property developer into a major hospital operator. Now, he is trying to do the same with Singapore Medical Group. Will he succeed?

SINGAPORE (Mar 26): Tony Tan, non-executive chairman of Singa pore Medical Group (SMG), works out of a sleek, dark-panelled office suite in a building on Orchard Road. A black leather Eames chair-and-ottoman sits by the window, while a large desk is positioned at an angle in the middle of the room. Looking relaxed in a linen shirt and slacks, Tan draws a swivel chair to a corner of his desk and settles down for his interview with The Edge Singapore.

Tan is not an immediately recognisable face to most local investors, but he is a well-known figure in the healthcare business. He co-founded Parkway Holdings in 1979 and was its managing director until 2000. In 2002, he was appointed deputy chairman, a position he held until his retirement in 2005. While Tan ran Parkway, the group evolved from a property company into a major healthcare player in Singapore, beginning with its acquisition of Gleneagles Hospital in 1987. At the time, the property on Napier Road, which opened in 1959, was a 126-bed community hospital owned and operated by the British Association.

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