Guodan Healthcare, which runs five private for-profit hospitals in Guangdong, has filed again to list on the Hong Kong Stock Exchange.
It originally said that it intended to list in September last year.
It owns and operates a network of five private for-profit hospitals in Guangdong Province, four of which are general hospitals located in Shenzhen with Class I general hospital-equivalent scale and the remaining one is a TCM hospital located in Zhongshan City with Class I TCM hospital-equivalent scale. Profits for last year stood at Rmb18.4m (US$2.7m) on revenues of Rmb215.1m. For the first five months of the year profits were Rmb994,000 on revenues of Rmb58.4m.
Money raised will mostly be used to upgrade and expand hospital facilities with a portion put aside for M&A.
Ample Capital remains the sponsor of the deal.