Fullerton Healthcare acquires major stake in Hong Kong Medical Group
13-Aug-15, BioSpectrum
With a view to further expand its pan-Asia presence, Singapore's Fullerton Healthcare recently inked a deal to acquire a majority stake in HMMP Limited, a leading medical network based in Hong Kong. Financial terms of the deal were not disclosed.
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Image: Fullerton Healthcare
Established in 1996, HMMP manages a network of over 700 medical clinics strategically located across Hong Kong, including general practitioner and specialist clinics, physiotherapy centers, traditional Chinese medicine clinics, and dental clinics.
The acquisition will help Fullerton Healthcare's in its mission to transform healthcare standards across Asia, and make healthcare more accessible and affordable throughout the region, the company said in a statement.