Thomson Medical

Thomson Medical says CEO of Malaysia unit suspended - THE EDGE SINGAPORE

Company in the news

Thomson Medical says CEO of Malaysia unit suspended

No reasons were given for Wan Nadiah's suspension as group CEO of TMC Life Sciences

Healthcare

Ageing trend supports spending, but earnings of stocks dip on costs

SINGAPORE (20 Dec) : Eight in 10 medical practitioners say Singapore’s healthcare system should focus more on disease prevention as Singaporeans live longer and are more likely to contract a chronic illness at an earlier age. Moreover, nearly half or 49

Budget 2019

Winners and losers from Singapore's budget as election looms

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.

Results

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.

M&A

Rowsley signs binding agreement to acquire $1.6 bil worth of healthcare assets from Peter Lim; to be renamed Thomson Medical Group

SINGAPORE (Dec 18): Rowsley today signed a binding agreement to acquire a 100% of Sasteria from controlling shareholder Lim Eng Hock, better known as Peter Lim, for $1.6 billion.

In print this week

How much will investors pay for Rowsley?

SINGAPORE (July 31): Billionaire former stockbroker Peter Lim is on his way to transforming Rowsley into a healthcare company — by injecting into the public-listed company assets that are already familiar to the market.

Hot Stock

Rowsley shares up some 58% on deal to buy healthcare assets for $1.9 bil

SINGAPORE (July 19): Rowsley shares this morning rose 57.5% or 4.2 cents to 11.5 cents with 159 million shares traded after announcing it has entered into an agreement to buy healthcare assets from its controlling shareholder in an all-share deal valued a

M&A

Rowsley to acquire $1.9 bil in healthcare assets from controlling shareholder Peter Lim

SINGAPORE (July 18): Rowsley, the real estate and investment firm, is expanding into the healthcare sector in an acquisition of healthcare assets worth $1.9 billion from its controlling shareholder.
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