Thomson Medical Group posts 48% drop in 3Q earnings to $1.1 mil on higher operating expenses

SINGAPORE (Nov 10): Healthcare services provider Thomson Medical Group (TMG), formerly known as property group Rowsley, saw its earnings fall 48% to $1.1 million for the 3Q18 ended September, from $2.2 million a year ago.


Thomson Medical's 1Q losses widen to $6.52 mil

SINGAPORE (May 14): Thomson Medical, formerly known as Rowsley, says first quarter losses widened to $6.5 million in 1Q18 from $1.55 million in 1Q17.

Rowsley renames to Thomson Medical Group as shareholders approve healthcare acquisitions

SINGAPORE (Mar 24): The shareholders of Rowsley have voted in favour of the proposed healthcare acquisition from controlling shareholder Peter Lim Eng Hock.


Rowsley says sale price of TMC Life Sciences warrants set at $34.8 mil

SINGAPORE (Mar 19): Rowsley says the cash consideration for the warrants of TMC Life Sciences (TMCLS) is set at RM103.75 million ($34.8 million).

Rowsley unveils plan to more than treble number of hospital beds by 2021

SINGAPORE (Mar 14): Real estate company Rowsley has unveiled plans to capitalise on the increasing demand for healthcare services in the region, ahead of an extraordinary general meeting (EGM) scheduled for Mar 23.


Rowsley reports smaller net loss of $58 mil on cusp of transformation into healthcare player

SINGAPORE (Mar 1): Rowsley reported a smaller net loss of $58.0 million in FY17 versus a net loss of $69.8 million in FY16.

In print this week

Is Rowsley attractive now that price of Thomson Medical has been lowered?

SINGAPORE (Jan 8): Rowsley’s announcement in July last year that it would morph into a healthcare company has kept its stock trading heavily — and at rather rich valuations — for several months.


Rowsley shares jump 23% on announcement of healthcare assets acquisition

SINGAPORE (Dec 18): Shares of Rowsley jumped 22.5%, or 2.5 cents, to close at 13.6 cents on Monday after the real estate and investment firm announced it is acquiring $1.6 billion worth of healthcare assets from controlling shareholder Peter Lim Eng Hock.


Rowsley reports 3Q net loss of $9.8 mil on fair value loss

SINGAPORE (Nov 3): Rowsley, the company controlled by Peter Lim Eng Hock, recorded a 3Q net loss of $9.8 million which included a $7.9 million fair value loss.

Right Timing

Right timing: Minor rebound could continue to build

SINGAPORE (Sept 22): Here are some charts this week for our technical analysis.