, Singapore

IHC lodges preliminary offer document on SGX Catalist

Listing will benefit HMC shareholders.

In a release, Healthway Medical Corporation Limited (HMC) announced that it has crossed a new milestone in its investment in International Healthway Corporation Limited (IHC) with the lodgement of IHC’s preliminary offer document on the Catalist of the Singapore Exchange Securities Trading Limited (SGX-ST) today.

Said Mr Fan Kow Hin, Executive Chairman of HMC: “HMC has always endeavoured to seek out business strategies that explore new avenues for growth to maximise shareholder value. Through the listing of IHC, HMC shareholders will be able to enjoy a special dividend in the form of IHC shares and the opportunity to stay invested in a Pan-Asian healthcare provider in high growth markets such as Malaysia and the PRC. In the high growth Asian markets, HMC will continue to develop our strength in clinic networks and IHC will seek out large-format healthcare services and facilities. Notably HMC shareholders will become direct shareholders of two separately listed companies, namely HMC and IHC.

IHC, a Pan-Asian integrated healthcare services and facilities provider, is primarily focused on the resilient and high growth healthcare sector by providing healthcare services through the development, investment and management of medical real estate, healthcare-related assets and integrated mixed-use developments.

The portfolio of properties comprises 15 assets in its initial portfolio located in Malaysia, the People’s Republic of China and Japan. Under its initial portfolio, IHC is redeveloping its Wuxi Hospital, into an 800-bed hospital offering various retail facilities; and developing a medical and commercial centre in Dujiangyan, Chengdu. It also owns 12 Nursing Facilities in Japan located in Hokkaido, Nara, Kyoto and Nagano, managed by asset management company Cryxis; as well as the IHC KLCC Project, to be developed into an integrated mixed-use development with specialised medical suites, retail space and service residences, by 2016.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

You're the reader we write for. You're also the person our partners want to reach.

If that sentence describes you — a founder, a C-suite, someone whose attention companies pay good money for — then you already understand why SBR works. We've spent twenty years earning the trust of readers exactly like you. Which is exactly what makes this an interesting place for your company to show up, too.

The ways it can show up are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The right fit depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If your company has something this audience should know about, we'd like to hear what you're working on.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

30 One-Sentence Stories From People Who Have Built Better Habits
None of these stories are mine. They were sent to me by readers of Atomic Habits. My hope is that these examples will illustrate how real people are putting the book into practice. They will show you what people are actually doing to build good habits and break bad ones. And hopefully, they will spark some ideas for how you can do the same.
SBR 5 Lorem Ipsum News 2 [8 May]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
SBR 4 Lorem Ipsum [8 May Top Stories]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Exclusives

How Experts Figure What to Focus On
eliminate the distractions. Commit to one thing and become great at that thing.”
Exclusive three SBR 12 Lorem Ipsum [8 May]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
SBR 3 Lorem Ipsum [ Exclusive 2]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Event News

Video [Event News]
Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley