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Thomson Medical Group appointed Tong Guiwang as the new chairman, effective from February 1, succeeding Huang Simian. Tong Guiwang will assume the role of independent non-executive chairman, bringing extensive corporate management and investment experience, and is committed to promoting the group's development projects in the Johor Strait. Huang Simian has served as chairman since 2015, successfully leading the company's transformation and expansion. Thomson Medical Group's stock price fell 1.59% on Monday, closing at 0.062 SGD
Thomson Medical Group Ltd :ANNOUNCEMENT OF APPOINTMENTAPPOINTS TONG KOOI ONG AS INDEPENDENT AND NON-EXECUTIVE CHAIRMAN
Thomson Medical Group Ltd :CESSATION OF NG SER MIANG AS NON-INDEPENDENT AND NON-EXECUTIVE CHAIRMAN
Thomson Medical Group plans to increase its investment in Vietnam by USD 381.4 million, despite an expected net loss in the fiscal year 2025. CEO Wang Junli stated that the group will focus on enhancing its capabilities rather than excessively expanding hospitals. In 2023, the group completed the acquisition of FV Hospital, which is the largest transaction in Vietnam's healthcare industry. FV Hospital is expanding its new wing, expected to be completed by the end of 2027, with a focus on enhancing oncology and surgical capabilities, as well as expanding medical insurance coverage. Wang Junli believes that Vietnam has the potential to become a regional medical center
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