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Thomson Medical
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
January 30, 2024
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
December 20, 2019
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.
February 19, 2019
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.
March 02, 2018
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.
December 18, 2017
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.
July 28, 2017
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
July 19, 2017
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.
July 18, 2017