4 Malaysian Women With Stunning Youthful Skin. 1 Beauty Secret. Want To Find Out?>> >> Link

Wednesday, October 15, 2014

TMCLife ... WIll Lim Consolidate His Healthcare Projects Under TMC?

It operates its flagship hospital and fertility centre, Tropicana Medical Centre in Kota Damansara and the TMC Fertility Centre in Damansara Utama, with branches located in Kepong, Puchong, Penang and JB.

In Aug 2010 Peter Lim first acquired a 29.6% stake in the company. On Aug 7 2014 he launched a mandatory takeover offer with offer price at rm0.48 per share for the remaining 40.76% stake that he does not own. To date (Oct 2014) he owns 76.57% of shares in TMC. Though he does not comply with Bursa’s listing requirement of having at least 25% public shareholding spread, Lim has expressed his intention to keep TMC listed and would rectify the public shareholding spread.

With Lim owning other hospitals in the region, most notably Singapore’s leading healthcare provider – Thomson Medical Centre, it would be interesting to see whether Lim would consolidate some of his Malaysian healthcare projects under TMC. Thomson Medical Centre Ltd was previously listed in Singapore but privatized by Lim in 2010.

Notably Lim is teaming up with the Johor royal family to build a USD1.6 billion medical themed integrated complex in JB with supporting medical infra, apartments and entertainment outlets.

Its book value stood at rm0.169. TMC Life has net cash of rm30.6 million.

No comments:

Profit / Loss Calculator

Enter the details and click on the compute button to find out if you are making a profit or a loss.
 Contract Details
  No of Shares Price (RM) Brokerage Rate Desired Profit
Buy
Sell    
 

Contract Type
Share Bought From:
Clearing Fee For:
 Results
 Details Buy  Sell  
 Proceeds 0.00  0.00  
 Brokerage Fee 0.00  0.00  
 Clearing Fee 0.00  0.00  
 Stamp Duty 0.00  0.00  
 Net Amount 0.00  0.00  
 Summary
 Breakeven Price 0.00  
 Buy Net Amount 0.00  
 Sell Net Amount 0.00  
 Profit/Loss 0.00  

Price Range Index
 
Stepping Method:
 Auto Computation (Profit/Loss)
Sell Price  Net Amount  Profit/Loss  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00  
0.00  0.00  0.00