Peter Lim revamps TMC Life


A view of Thomson Medical Centre in Singapore July 19, 2017. - Reuters/Edgar Su

PETALING JAYA: Singapore billionaire Peter Lim is injecting his stake in Bursa Malaysia-listed TMC Life Sciences Bhd into his Singapore-listed real estate firm Rowsley Ltd.

According to a filing with the Singapore Exchange, Rowsley has announced a plan to buy healthcare assets from its single largest shareholder Lim in a deal worth up to S$1.9bil (RM6bil).

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

MUFG sees ringgit strengthening to 3.70 by end-2026
BMS Holdings stays cautiously optimistic for FY26
PUC receives conditional LFSA approval for Labuan banking licence
P.A. Resources records higher 2Q revenue
Johor Plantations' net profit rises 34%to RM345mil in FY25
DayOne opens Johor training centre, expands KL shared services hub
Betamek’s 3Q profit jumps 90%, declares 1.25 sen dividend
Hextar Industries buys 51% stake in llaollao operator for RM177.5mil
Ringgit hits near eight-year high of 3.89 vs US dollar
Oriental Kopi acquires land in Selangor for RM23mil

Others Also Read