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M&A deals drive 50% rally in healthcare stocks over past year

Published Mon, May 22, 2017 · 09:50 PM
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Singapore

HEALTHCARE stocks in Singapore have rewarded investors with an average 50 per cent gain in the past year, a rally that may continue as companies acquire local clinics to expand in the region's medical-care market.

Singapore Medical Group has more than doubled since August when it announced the purchase of a…

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