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Published Tue, Apr 4, 2017 · 09:50 PM
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Raffles Medical Group | Buy Target price: S$1.72 April 4 close: S$1.445 RHB, April 4
Raffles Medical announced that it would develop a new hospital in Chongqing, China, which will have a capacity of 700 beds. The hospital, currently under construction, is expected to commence operations in phases from August 2018. While we make no changes to our forecast and TP at the moment - as management said that more details would only be given in 2Q17…
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