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Fullerton Healthcare acquires major stake in Hong Kong Medical Group

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13-Aug-15 With a view to further expanding its pan-Asia presence, Singapore's Fullerton Healthcare recently inked a deal to acquire a majority stake in HMMP Limited, a medical network based in Hong Kong. The acquisition will help Fullerton in its mission to transform healthcare standards across Asia, and make it more accessible and affordable, the company said. [image: Fullerton Healthcare]

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Asian American Medical Group targets Chinese healthcare market

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13-Aug-15 Singapore based Asian American Medical Group is planning to develop a diagnostic and wellness centre in Zhuhai, China, to leverage on the growth of medical tourism. AAMG’s planned Zhuhai-Singapore Life Science Park will offer health screening, endoscopic and operation services, and multi-disciplinary medical consultations. The company will be fully backed by the University of Pittsburgh Medical Center. [image: Proactive Investors Australia]

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New stats reveal 50% of Australians battling chronic disease

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12-Aug-15 The need for Primary Health Care reform has been highlighted by new statistics that show half of all Australians have at least one chronic disease. Minister for Health Sussan Ley said the new figures backed the Abbott Government’s decision to set up a Primary Health Care Advisory Group. [image: Networking Health Victoria]

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Asian American buys stake in China's Rich Tree Land

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12-Aug-15 Singapore-based Asian American Medical Group Limited (AAMG) said it has acquired a 60% stake, valued at SGD19.6 million, in Rich Tree Land Pte Ltd, for the development of an advanced diagnostic and wellness medical centre in Zhuhai, southern China. [image: Asian American Medical Group]

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KPJ Healthcare to spend on 10 new hospitals in Malaysia

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12-Aug-15 KPJ Healthcare Bhd, Malaysia's largest listed healthcare group, will spend RM1.5 bn (USD365 mn) to build 10 new hospitals there. The proposed hospitals will add 2,000 beds to the group, bringing the total to 5,000. KPJ currently operates 25 hospitals in Malaysia, two in Indonesia and one in Bangladesh, as well as a 23% stake in Vejthani Hospital in Bangkok. [image: KPJ Healthcare]

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