Healthway Medical 690

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Margaret Sigars

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Aug 3, 2024, 11:24:58 AM8/3/24

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DECLARATION OF ILLNESS
Should you feel unwell prior to your screening, please call our centre to inform our staff. Our doctor may require you to adhere to special precautions or postpone your screening depending on your medical condition.

We are a primary care medical practice practicing on health and wellness. Our philosophy is to consider health to be a state of complete physical, mental and social well being rather than merely the absence of disease. We are capable of taking care of the whole family as a unit.

Our laboratory provides our patients and doctors with sophisticated lab-analyses and routine medical tests that meet the highest quality using state-of-the-art equipment and experienced technicians....

Pulmonary Department offers state-of-the-art medical care that includes respiratory testing, bronchoscopy and other diagnostic procedures, treatment options such as pulmonary rehabilitation, asthma....

Our Cardiology Clinic provides comprehensive care for patients with cardiovascular disease, from diagnosis through treatment and ongoing care. Our team is dedicated to providing patients with excellent....

The Lippo Group, one of Indonesia's largest and most diversified conglomerates, is set to acquire a big stake in Singapore-listed Healthway Medical Corporation (HMC) through Gentle Care (a Lippo Group-linked unit). HMC is a private healthcare provider operating through two segments, including primary healthcare, and specialist & wellness healthcare. It owns and manages more than 100 medical centers and clinics, mainly in Singapore and China.

Singapore's healthcare industry is a lucrative one according to the Lippo Group and therefore the Indonesian conglomerate is eager to enter this market. Over the past couple of years the Lippo Group has been expanding its healthcare business in - and outside - Indonesia under its Siloam brand. In Yangon (Myanmar) there are now two Siloam hospitals, while a third one is being developed and should be ready by April 2017. Over the next years, Lippo wants to have a total of 12 Siloam hospitals in Myanmar, while it is also studying the possibility to open hospitals in Cambodia, Vietnam and Laos. Within this regional expansion drift, the acquisition of Singapore's HMC is regarded a key strategic step.

Lippo-linked unit Gentle Care already bought 90 million shares of HMC for a price of Sin$ 0.042 a piece, 4 million shares for a price of Sin$ 0.041 and 8 million for a price of Sin$ 0.040 a piece. Besides the purchase of shares Gentle Care will also buy Sin$ 10 million worth of HMC's convertible notes as well as Sin$ 60 million worth of non-convertible notes. However, these non-convertible notes will be changed into convertible ones after several requirements have been fulfilled.

In Indonesia, hospital operator Siloam International Hospitals, subsidiary of Lippo Karawaci, recently announced that it acquired two hospitals (in Bekasi and Mataram) in line with the company's business strategy to expand its hotels into all big and medium-sized cities of Indonesia.