TMC LIFE SCIENCES BERHAD
UNAUDITED INTERIM FINANCIAL REPORT FOR THE FINANCIAL QUARTER ENDED 30 SEPTEMBER 2023
Profit of  RM15.1m  for 3 mths ending 30th Sept 2023  compared  to RM 6.2m for the same period 2022
Full details :
https://links.sgx.com/1.0.0/corporate-announcements/32T4TJ07SGE7E1EF/e29a0446729d6f0ce3e8dcfb6633c5354b6d890def965c241587b5bc262c23db
UNAUDITED INTERIM FINANCIAL REPORT FOR THE FINANCIAL QUARTER ENDED 30 SEPTEMBER 2023
Profit of  RM15.1m  for 3 mths ending 30th Sept 2023  compared  to RM 6.2m for the same period 2022
Full details :
https://links.sgx.com/1.0.0/corporate-announcements/32T4TJ07SGE7E1EF/e29a0446729d6f0ce3e8dcfb6633c5354b6d890def965c241587b5bc262c23db
Thomson Medical appoints veteran healthcare leader Lee Suen Ming as CEO
 
THOMSON Medical Group has appointed Lee Suen Ming as its new chief executive officer, the healthcare group said in a bourse filing on Wednesday (Oct 11).
 
Lee was previously chief executive officer at Mount Alvernia Hospital, Gleneagles Hospital, Parkway East Hospital and most recently, the Dr Soliman Fakeeh Hospital in Saudi Arabia.
 
He will take over from Dr Daniel Lee from Nov 1. 
 
Dr Melvin Heng, group chief executive officer of Thomson Medical Group, said Lee Suen Ming&rsquo s appointment comes at a &ldquo pivotal point in a growth story that we kick-started a year ago&rdquo . 
 
The group has plans to grow regionally. 
 
In July, it acquired FV Hospital &ndash a multi-specialised healthcare facility in Vietnam &ndash for as much as S$381.4 million. This was the largest healthcare deal in Vietnam to date, and the biggest in South-east Asia since 2020.
 
Beyond Vietnam, Thomson Medical Group is also actively seeking investment opportunities in Indonesia. 
 
Dr Daniel Lee will remain at the hospital and work alongside Lee Suen Ming until the end of November to ensure a smooth transition, the group said. 
 
Lee Suen Ming will oversee the 187-bed Thomson Medical Centre and a network of over 30 specialist medical clinics and facilities providing outpatient healthcare services for women and children, as well as service offerings in areas such as medical aesthetics, traditional Chinese medicine and diagnostic imaging.
 
Lee Suen Ming holds an engineering degree from the Imperial College of Science, Technology and Medicine in London, as well as an MBA. He was also formerly with DBS Bank.
Sgx double standard ....some company immediately suspended why still allow this company still can trade let speculators push up shares to run ?
Just let price drop to 3 cents lor? easily resolved.
FishermanSG ( Date: 13-Sep-2023 14:55) Posted:
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Go attend EGM next wed & ask the top mgmt intention directly. To delist or to put back public float above 10%.
honesty ( Date: 13-Sep-2023 10:17) Posted:
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nest 3 months if till below 10%, got to delist and put up an EXIT OFFER deemed fair and reasonable by an independent financial advisor
Does this translate to 0.10? any experts could provide an input?
2nd Q -what about if an independent financial advisor says valued at 0.10 and those bought between 0.101 to 0.20, can they find ways to resist or refuse, thanks in advance,
very  much vested on this for years due to looking up to PL as a billionaire
Does this translate to 0.10? any experts could provide an input?
2nd Q -what about if an independent financial advisor says valued at 0.10 and those bought between 0.101 to 0.20, can they find ways to resist or refuse, thanks in advance,
very  much vested on this for years due to looking up to PL as a billionaire
Thomson Medical Group&rsquo s public float falls below 10%
 
Thomson Medical Group A50 1.67% has announced that the percentage of its shares held by public shareholders had been reduced to 9.98% as at the close of business on Sept 11.
 
As the percentage of shares held by the public falls below the requisite 10% of the total number of issued shares under Rule 723 of SGX-ST&rsquo s listing manual, the trading of its shares may be suspended.
 
The company intends to apply to SGX-ST for a period of three months for it to restore the public float to 10%.
Drop in profit but price went up fr 0.057 to now 0.061 as at 1.27pm
Thomson Medical H2 profit falls 67% to S$13.8 million on lower revenue
 
HEALTHCARE provider Thomson Medical Group : A50 +1.75% (TMG) reported a 66.7 per cent drop in net profit to S$13.8 million for its second half ended Jun 30, 2023, from S$41.3 million in the same period a year ago.
 
Revenue for the half-year fell 8.8 per cent to S$171.8 million, from S$188.3 million. This was mainly due to lower income received from project-related services as a result of the closure of vaccination centres, the group said in a filing on Monday (Aug 28).
 
But the decrease was partially offset by the higher average bill sizes in Singapore, it noted. It added that in Malaysia, revenue has continued to improve due to higher patient loads attributed to the increased operating capacity at Thomson Hospital Kota Damansara, as well as higher case intensity being handled.
 
Other income dropped 32.2 per cent to S$3.3 million for H2 2023, down from S$4.9 million the year before. The group attributed the decrease to lower government grants received under the Jobs Support Scheme and property tax rebates granted by the government.
 
Other operating expenses rose 18 per cent to S$42.1 million for the half-year, up from S$35.7 million in the same period the year before. The increase was due to higher legal and professional fees incurred for potential acquisition and higher operating costs for the new expansion wing at Thomson Hospital Kota Damansara, the group said.
 
Earnings per share stood at 0.052 Singapore cent for the period, down from 0.156 Singapore cent a year ago.
 
For the full year ended Jun 30, net profit was down 32 per cent to S$36.6 million. Revenue slipped 6.6 per cent to S$355.8 million.
 
Earnings per share stood at 0.138 Singapore cents, down from 0.203 Singapore cents a year ago.
 
The board has declared a dividend of 0.04 Singapore cent per share for FY2023, compared with 0.115 Singapore cent per share in the year-ago period. Books closure will be announced at a later date.
 
Melvin Heng, TMG&rsquo s executive director and group chief executive officer, said that with the Covid-19 pandemic &ldquo transitioning to an endemic phase&rdquo , the group continues to see increased patient loads in both its Singapore and Malaysian operations, particularly in fertility services and paediatric medicine.
 
He added that the group remains focused on its plans to expand and enhance its medical centres and clinics in Singapore, including a multi-year asset enhancement initiative of its flagship hospital in the city.
 
Meanwhile, the expanded operating capacity at Thomson Hospital Kota Damansara has also already started contributing to group revenue, he noted.
0.055 . Lowest point in 1 year. No more story to tell. Just wait for full year FY report at end Aug
Joelton ( Date: 18-Jul-2023 09:47) Posted:
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Thomson Medical issues S$30 million worth of notes at 5.5% interest
 
The latest tranche of notes will be consolidated with S$120 million worth of existing notes to form a single series.  
 
THOMSON Medical Group has issued S$30 million worth of notes that mature in 2028 at 5.5 per cent interest.
 
The notes will be consolidated with some S$120 million worth of existing notes due in 2028 &ndash which were issued on May 31 &ndash to form a single series. They are part of the group&rsquo s S$1 billion multi-currency debt-issuance programme, which was established on Jun 28, 2019, and updated on Apr 21 this year.
 
Interest is payable semi-annually in arrears. The notes will mature five years from May 31, 2023.
 
Net proceeds from the issue of these notes will be used for general corporate purposes, Thomson Medical said. This includes the refinancing of borrowings, financing potential acquisitions, strategic expansions, general working capital, capital expenditure and other investments.
 
UOB has been appointed as the sole dealer for this tranche of notes, which is expected to be listed on the Singapore Exchange on Jul 21.
every year need to pay 1.65million for interest every year for 5 years.
Better consolidate 10 shares into 1, become 61 cents and issue right of 60 cents. No need pay interest. Only pay the admistration fee and commisison to appointed bank. 
At least 60 cents BB got room to play short again.   
Better consolidate 10 shares into 1, become 61 cents and issue right of 60 cents. No need pay interest. Only pay the admistration fee and commisison to appointed bank. 
At least 60 cents BB got room to play short again.   
ching^^ ( Date: 17-Jul-2023 18:16) Posted:
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Which means they could have paid more than 19 other bidders??
Havefun2022 ( Date: 15-Jul-2023 13:39) Posted:
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Thomson Medical Group launches and prices $30 mil worth of 5.5% notes due 2028
Thomson Medical Group has launched and priced $30 million worth of notes. The notes, which will mature on May 31, 2028, will carry a coupon of 5.5% per annum (p.a.).
The notes will be consolidated and form a single series with the $120 million worth of Series 003 Tranche 001 notes.
The notes will be issued by Thomson Medical under the $1 billion multicurrency debt issuance programme. The notes, which will be issued in denominations of $250,000, are expected to be issued on July 21.
You also can be lucky as long as your bid is the highest
petson ( Date: 14-Jul-2023 11:25) Posted:
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Not yet announce? I think akan datang. I may be wrong too. Or else company will go deeper and deeper into debt financing.
petson ( Date: 14-Jul-2023 11:25) Posted:
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i read like no rights involve leh, and 20 bidder? thomson must be very lucky dydd
HappyBunny ( Date: 13-Jul-2023 20:02) Posted:
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May just do a share consolidation exercise and simultaneously offer rights. PL still will be coming out with 80% of the $$$ if he agrees to subscribe to all rights issued to him.
honesty ( Date: 13-Jul-2023 13:12) Posted:
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Eh is that it? I was hoping for more after the halt yesterday
indeed good to have rights for existing long term loyal shareholders and buying more medical institutions makes sense since medical is a FOREVER and profitable business, and human kind needs it anyway.
finjungle ( Date: 13-Jul-2023 12:36) Posted:
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