Livingstone Health maps expansion plans

It is taking a cautious approach by focussing on boosting offerings as a multidisciplinary specialist healthcare group; signing MOUs to evaluate projects in Asia

Published Wed, Apr 14, 2021 · 05:50 AM

Healthcare

Singapore

WHILE there are many high growth opportunities in the healthcare sector, Catalist-listed Livingstone Health is opting to take a cautious approach by focussing on boosting its offerings as a multidisciplinary specialist healthcare group.

The group had listed on the Singapore Exchange (SGX) just two months ago via a S$72 million reverse takeover (RTO). The RTO involved a 500-to-1 consolidation of the former Citicode's share base and the transfer of its listing status from SGX's mainboard to the Catalist board.

"As much as we want to look and venture into things which are exciting, there's also a lot of risk," said chief business officer Dax Ng in a media briefing on Tuesday.

Telemedicine, for instance, is an area many healthcare players have jumped into. While Livingstone has started adopting telemedicine, it is still in talks with key partners to better understand how patients a…