HC Surgical Specialists

HC Surgical Specialists reports 22.3% rise in 2Q revenue on higher subsidiary contributions
SINGAPORE (Jan 8): Catalist-listed HC Surgical Specialists, the medical provider of endoscopic procedures and general surgery services with 16 clinics in Singapore, reported 2Q19 earnings rose 1.6% to $1.29 million, or 0.86 cents per share, from $1.27 million a year ago. Revenue rose 22.3% to $4.63 million from a year ago, mainly due to higher contributions from new and existing ...
Medinex opens 14% higher than IPO price on trading debut
SINGAPORE (Dec 7): Shares in Medinex opened at 28.5 cents on its Friday trading debut, higher than its initial public offering (IPO) price of 25 cents each. By 10.44am, volume of shares traded was 5.2 million. Medinex IPO fully subscribed at 25 cents each Medinex placing out 30 million shares to raise $7.5 mil ahead of Catalist listing As The Edge Singapore reports in its story this ...
Medinex placing out 30 million shares to raise $7.5 mil ahead of Catalist listing
SINGAPORE (Dec 1): Medinex, the provider of professional support services to medical clinics, is selling 30 million shares at $0.25 each to raise $7.5 million. This is ahead of its listing on the Catalist board of the Singapore Exchange. Medical support services provider Medinex seeks Catalist listing in all-placement deal Founded in 2009, Medinex helps clients oversee the ...
Medical support services provider Medinex seeks Catalist listing in all-placement deal
SINGAPORE (Nov 20): Medinex is seeking a listing on the Catalist board of the Singapore Exchange to raise funds for expansion and acquisitions. Medinex is the provider of medical support services and specialises in providing professional support services to medical clinics. It also provides pharmaceutical services, assisting clients in procuring medical and pharmaceutical products. The ...
HC Surgical Specialists raises stake in associate MST to 83.3%
SINGAPORE (Sept 20): HC Surgical Specialists entered into a sale and purchase agreement for the acquisition of a 50% stake in associate company Medical Services @ Tampines for $135,000. Following the completion of the acquisition, MST has become a 83.33% subsidiary of the company. Incorporated on March 17 2010, MST operates the only endoscopy and radiology clinic in the group that is ...
HC Surgical Specialists announces record earnings of $5.5 mil for FY18
SINGAPORE (July 20): HC Surgical Specialists’ full year earnings hit a record high of $5.5 million for FY18, driven by revenue growth on contributions from acquired subsidies and new clinics, as well as higher revenue contribution from existing subsidiaries. For the quarter ended May, the group’s earnings surged 60.6% y-o-y to $1.5 million on 48.8% higher revenue of $4.4 ...
HC Surgical acquiring 51% stake in endoscopy and surgery for $832,000
SINGAPORE (May 7): HC Surgical Specialists is acquiring a 51% stake in Jason Lim Endoscopy and Surgery (JLES) for $832,000. The sellers are Jason Lim Holdings and and Dr Jason Lim Wei-Min. Of the consideration, $628,000 will be paid in cash while the remaining to be paid with 300,000 new shares at 68 cents each, a premium of 0.74% to HC Surgical’s May 4 closing price of 67.5 cents ...
HC Surgical Specialists' earnings more than double to $0.9 mil in 3Q
SINGAPORE (Apr 10): HC Surgical Specialists posted earnings of $0.90 million for the 3Q ended February, over two-and-a-half times more than earnings of $0.35 million a year ago. Revenue surged by 75.4% to $3.9 million in 3Q18, from $2.2 million a year ago. The increase was mainly due to the full three months revenue contributions from new subsidiaries acquired and new subsidiaries which ...
HC Surgical Specialists' 1H earnings surge to $2.5 mil on newly acquired subsidiaries
SINGAPORE (Jan 9): Medical services group HC Surgical Specialists saw its earnings surge to $2.5 million for the 1H2018 ended November, from $0.1 million a year ago. Excluding one-off items incurred in 1H2017, including IPO expenses, interest on redeemable convertible loan and fair value gain on derivative financial instruments, HCSS would have seen earnings of $1.5 million a year ago. The ...
HC Surgical acquires loss-making clinic for $0.7 mil
SINGAPORE (Jan 2): HC Surgical Specialists is acquiring a majority 51% stake in HMC Medical for a consideration of $673,000. The proposed acquisition is in line with the group’s promise to bring “quality healthcare to your doorstep”. HMC currently operates a clinic at Upper Thomson Road, where the group has no presence, thereby increasing the group’s reach and market share. HMC ...