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More acquisitions likely for Singapore Medical Group in 2018
SINGAPORE (Mar 1): UOB Kay Hian is maintaining its “buy” call on Singapore Medical Group (SMG) with a P/E-based target price of 83 cents, pegged to the peer average FY18 P/E ratio of 26.8 times.
March 01, 2018
Broker's Calls
This healthcare stock's FY18 growth potential is keeping analysts upbeat
SINGAPORE (Feb 27): OCBC Investment Research, Phillip Capital and UOB Kay Hian are maintaining their “buy” calls on Raffles Medical Group with a fair value estimate and target prices of $1.26, $1.32 and $1.32 respectively.
February 27, 2018
Broker's Calls
Health Management International to enjoy positive growth momentum ahead
SINGAPORE (Feb 14): UOB Kay Hian and Phillip Capital are maintaining their “buy” calls on Health Management International (HMI), both with target prices of 83 cents, after the group’s 1H results for FY2018 came in line with expectations.
February 14, 2018
Health Management International to license content from Japan's Gakken for elderly care training
SINGAPORE (Feb 1): Private healthcare provider Health Management International (HMI) has signed a licensing agreement with Gakken Cocofump Holdings to use the latter’s educational content covering best practices in elderly care training.
February 01, 2018
Broker's Calls
Ang Peng Tiam's suspension to remain key near-term overhang on TalkMed: CIMB
SINGAPORE (Jan 8): CIMB is maintaining its “hold” call on TalkMed Group with a lower target price of 68 cents from 92 cents previously, after cutting FY17-19F earnings per share (EPS) estimates by 18-21% to factor anticipated earnings losses from the
January 08, 2018
Broker's Calls
Latest China expansion plans make Perennial an even better 'buy': DBS
SINGAPORE (Jan 4): DBS Vickers Securities is reiterating its “buy” on Perennial Real Estate Holdings with a $1.05 price target given the research house is positive on its medium- to long-term development plans.
January 04, 2018
Singapore economy
Greying Singapore embraces technology to face health challenges
SINGAPORE (Dec 21): Singapore is embracing technology and focusing more on personal health, as an expected doubling of seniors over the next two decades forces the nation to confront politically sensitive decisions on financing and immigration.
December 21, 2017
Startups, Entrepreneurs, Digital economy
Temasek-backed Accuron MedTech leads $2.6 mil investment in start-up Advent Access
SINGAPORE (Dec 12): Medical technology start-up Advent Access has raised $2.6 million in a pre-Series A financing round led by Accuron MedTech, Southeast Asia’s largest medical device company.
December 12, 2017
Global Markets
Global institutional investors brace for volatlity, asset bubbles in 2018: Natixis
SINGAPORE (Dec 7): As allocations to passive strategies register a decline for the third consecutive year, institutional investors are preparing for volatility, asset bubbles and fragile markets ahead in 2018.
December 07, 2017
M&A
CVS to buy Aetna for US$67.5 bil, remaking heathcare sector
NEW YORK (Dec 4): CVS Health Corp. will buy Aetna Inc. for about US$67.5 billion ($91 billion), creating a health-care giant that will have a hand in everything from insurance to the corner drugstore.
December 04, 2017