Thomson Medical Group - Maybank Research 2024-02-27: Growing ASEAN Footprint; The Next Healthcare Giant

Thomson Medical Group - Growing ASEAN Footprint; The Next Healthcare Giant

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Thomson Medical (SGX:A50) | SGinvestors.ioThomson Medical (SGX:A50)
  • Thomson Medical Group (SGX:A50) is one of the largest private providers of healthcare services for women and children in Singapore. It also has a strategic presence in Malaysia and, more recently, expanded to Vietnam via the acquisition of FV Hospital in Jul 2023.

Initiate coverage with BUY rating

  • - Read this at SGinvestors.io -

Gearing up for more Dragon Year babies

  • Thomson Medical is now working to maximise its hospital bed capacity in Singapore, anticipating a rise in deliveries associated with The Dragon Year. According to data from the Singapore Department of Statistics, in 2012, the last Dragon Year, 38,641 resident live births were recorded (vs 36,178 in 2011 and 35,681 in 2013) and in 2000, there were 44,765 resident live births (vs 41,327 in 1999, and 39,281 in 2001).
  • - Read this at SGinvestors.io -

EBITDA accretive acquisition in Vietnam

  • Read more at SGinvestors.io.




Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://maybanktrade.com.sg/.




Eric Ong Maybank Research | https://www.maybank-ke.com.sg/ 2024-02-27



Previous report by Maybank:
2022-09-23 Thomson Medical Group - Gearing For Next Stage Of Growth.

Price targets by other brokers at Thomson Medical Target Prices.

Listing of research reports at Thomson Medical Analyst Reports.

Relevant links:
Thomson Medical Share Price History,
Thomson Medical Announcements,
Thomson Medical Dividends & Corporate Actions,
Thomson Medical News Articles





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