Luye Medical to set up innovation centre
Recent A$938 million acquisition of Australian group helps part of its global strategy which includes increased presence in China
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
FRESH from its recent billion-dollar acquisition of Australia's third largest private hospital group, Singapore- based Luye Medical Group is now taking concrete steps towards constructing its own version of a private healthcare system.
In Singapore, it is looking to set up an innovation centre by the end of this year, while eyeing potential targets for acquisition. In China, it will set up three more clinics in major cities, while its first general hospital will go into operation in two years' time.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
