Sunday, January 29, 2023
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Singapore: Cordlife makes US$880m bid for GCBC

Singapore’s Cordlife Group has made a US$7.50 per share bid for NYSE-listed Global Cord Blood Corporation (GCBC), China’s largest provider of cord blood storage...

Switzerland: Aevis Victoria redeems SFr145m 2019s

Aevis Victoria, which owns Swiss Medical Network and Medgate, has fully repaid its SFr145m (US$145.1m) 2.75% five-year bond at maturity. In a statement, the company...

Malaysia: IHH Health continues to face short term challenges

Despite both a jump in profits and addressing the forex issues that have plagued the company in recent years, analysts remain cool on IHH...

Singapore: Tepid SGX debut for Alliance Healthcare

Singapore-based healthcare company Alliance Healthcare had a tepid debut on the SGX’s Catalist board on Friday with its shares ending the day flat. It raised...

India: Medikabazaar to raise US$28.7m Series B

Medikabazaar, India’s largest online B2B marketplace for medical devices and supplies, is looking to raise Rs2bn (US$28.7m) from venture capital investors in Japan, Belgium and...

Saudi Arabia: NMC completes Saudi joint venture

GCC private healthcare operator NMC has inked its 52%/48% healthcare joint venture with Saudi Arabia’s Hassana Investment, the investment arm of the country’s pension...

Singapore: Alliance to raise S$6.4m in Catalist IPO

Singapore-based healthcare company Alliance Healthcare is to raise S$6.4m (US$4.65m) in an IPO on the Catalist board of the SGX. It intends to sell 32m...

Australia: Estia lowers earnings expectations

Shares in Estia Health plunged as much at 6% on Friday after the aged care operator lowered its full-year earnings expectations. The company said that...

Hong Kong: Union Medical issues positive profit alert

Union Medical Healthcare, the largest aesthetic medical service provider in Hong Kong, has said that it expects to record a more than 35% jump...

Singapore: Beverly Wilshire Medical Centre finally finds a buyer

In a canny deal to acquire a medical aesthetics group that has long been on the market at a knockdown price, investment holding company...