Thomson Medical Group Limited
HomeAll Profiles
July 1, 2020
Updated on:

Thomson Medical Group Limited

Revenue:
SGD 229.8 million (2019)
Profit:
SGD 3.1 million (2019)
Employees:
714 (2018)
Headquarters:
Singapore
Founded:
1979
Current CEO:
Wong Chiang Yin (1 Feb 2020-)
Parent:
This is the ultimate parent

Description

Thomson Medical Group Limited (formerly Rowsley Ltd) is a Singapore-based private provider of healthcare services for women and children. It owns and operates the Thomson Medical Centre and a network of specialist medical clinics and facilities in Singapore. In December 2017, Rowsley Ltd acquired Thomson Medical Pte Ltd for SGD 1.6 billion, and following the acquisition changed its name from Rowsley Ltd to Thomson Medical Group Limited (with effect from 27 March 2018).

In January 2019, Thomson Medical Group Limited divested its real estate businesses. The company is now focused on building its healthcare platform, which it said was the "first step towards achieving the Group’s vision of developing the Pan-Asian Health."

Thomson Medical Group Limited also owns TMC Life Sciences Berhad (TMC Life) a Malaysia-based multi-disciplinary healthcare company listed on Bursa Malaysia. TMC Life operates Tropicana Medical Centre, a tertiary hospital located in Kota Damansara, Malaysia, and the TMC Fertility Centre which provides assisted reproduction services in Malaysia.

Dr Wong Chiang Yin, former chief executive of Cordlife Group, was named Thomson Medical Group Limited's new chief executive and executive director from 1 February 2020, following the resignation of Roy Quek.

The address of its registered office is at 1 Kallang Junction, #03-01, Singapore 339263.

Thomson Medical Group Limited is listed on the Singapore Exchange (SGX) under the code A50.

In Singapore Dollars (SGD)
In Singapore Dollars (SGD)
In Singapore Dollars (SGD)
No items found.

Operating Segments:

Hospital operations and ancillary services - Hospital operations and ancillary services comprise the provision of integrated medical healthcare facilities and services for primary, secondary and tertiary healthcare with focus on the areas of obstetrics and gynaecology and paediatric services, diagnostic imaging services, pharmacy, 24-hour outpatient services, laboratory and services provided by outpatient clinics at the hospital. For the the financial year end 31 December 2018, the hospital operations and ancillary services segment accounted for 62.18% (SGD 134.07 million) of total revenue.

Specialised and other services - The specialised and other services segment includes services provided by the fertility clinics, paediatric centres, cancer centre, cardiology centre, Chinese medicine, specialist skin centre and a pre-natal and clinical diagnostic laboratory. It also includes a consumer business segment, comprising products and services. For the the financial year end 31 December 2018, the specialised and other services segment accounted for 37.75% (SGD 81.40 million) of total revenue.

Investments - The holding of investments in equity instruments, investment properties and investment holding company. For the the financial year end 31 December 2018, the investments segment accounted for 0.07% (SGD 0.14 million) of total revenue.

Note: The real estate business was divested on 31 January 2019. As a result, it is no longer included in the segments breakdown.

Mergers and Acquisitions:

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Signup to a free account to access M&A data!

Signup for FREE to access all mergers and acquisitions data!
BigDiscover is the only platform to offer M&A data completely for free!

Click Here to Signup for FREE
Copyright © 2020 BigDiscover. All rights reserved.