Singapore-based TE Asia Healthcare looks to join US$1 billion club

The Straits Times2021-04-19

SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...

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精彩评论

PengsieX
2021-04-19
PengsieX
To consider if listing
BossBoss
2021-04-19
BossBoss
Good to invest
letsgo8
2021-04-19
letsgo8
Wow
- letsgo8:
  Woww
AntonyGeorge
2021-04-19
AntonyGeorge
Good
- AntonyGeorge:
  good
faeriewoods
2021-04-19
faeriewoods
Please like thanks
- PKLim:
  great
- Huat899:
  Pls like
henryee18
2021-04-19
henryee18
Gotta study more about this company first...
- PKLim:
  let's study..
- Huat899:
  Pls like

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore-based TE Asia Healthcare looks to join US$1 billion club\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCSG":"Healthcare Svcs Group Inc","00662":"亚洲金融","HR":"医疗保健房地产信托"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128863731","content_text":"SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-east Asia, according to its chief executive officer.\n\n\nThe Singapore-based company plans to invest US$90 million mainly in Malaysia and Indonesia this year, building new cardiac hospitals and repurposing an existing medical facility in Kuala Lumpur into an orthopedic center, Mr Eng Aik Meng said in an interview. That would take TE Asia's total investment to US$260 million by the end of this year, he added.\nThe healthcare firm plans to double that investment in the next three to five years as it seeks to set foot in more countries and offers a broader range of specialized medical services, Mr Eng said.\n\n\n\n\n\n\n\"If we continue at this pace, this is easily a US$1 billion company\" in five years, he said.\nDemand for healthcare services, especially in specialized fields, is set to rise as countries in South-east Asia become more affluent. The average health-care spending in the region was at 4 per cent of gross domestic product in 2018, compared to 5.4 per cent in China and about 10 per cent globally, according to a report by the World Bank.\nTE Asia, which has annual revenue of more than US$150 million, focuses on oncology, cardiology and orthopedics. It will raise funds for its future investment from external investors when needed, Mr Eng said, adding that he doesn't rule out the possibility of a listing.","news_type":1,"symbols_score_info":{"00662":0.9,"HCSG":0.9,"HR":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":379791264,"gmtCreate":1618793288758,"gmtModify":1634290912578,"author":{"id":"3580876358829077","authorId":"3580876358829077","name":"BossBoss","avatar":"https://static.tigerbbs.com/b2ebd21bfc3e2e2cd727e40dbfd87596","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3580876358829077","authorIdStr":"3580876358829077"},"htmlText":"Good to invest","listText":"Good to invest","text":"Good to invest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/379791264","repostId":2128863731,"repostType":4,"repost":{"id":"2128863731","kind":"news","pubTimestamp":1618789491,"share":"https://www.laohu8.com/m/news/2128863731?lang=&edition=full","pubTime":"2021-04-19 07:44","market":"sg","language":"en","title":"Singapore-based TE Asia Healthcare looks to join US$1 billion club","url":"https://stock-news.laohu8.com/highlight/detail?id=2128863731","media":"The Straits Times","summary":"SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expe","content":"<div>\n<p>SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore-based TE Asia Healthcare looks to join US$1 billion club</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore-based TE Asia Healthcare looks to join US$1 billion club\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCSG":"Healthcare Svcs Group Inc","00662":"亚洲金融","HR":"医疗保健房地产信托"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128863731","content_text":"SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-east Asia, according to its chief executive officer.\n\n\nThe Singapore-based company plans to invest US$90 million mainly in Malaysia and Indonesia this year, building new cardiac hospitals and repurposing an existing medical facility in Kuala Lumpur into an orthopedic center, Mr Eng Aik Meng said in an interview. That would take TE Asia's total investment to US$260 million by the end of this year, he added.\nThe healthcare firm plans to double that investment in the next three to five years as it seeks to set foot in more countries and offers a broader range of specialized medical services, Mr Eng said.\n\n\n\n\n\n\n\"If we continue at this pace, this is easily a US$1 billion company\" in five years, he said.\nDemand for healthcare services, especially in specialized fields, is set to rise as countries in South-east Asia become more affluent. The average health-care spending in the region was at 4 per cent of gross domestic product in 2018, compared to 5.4 per cent in China and about 10 per cent globally, according to a report by the World Bank.\nTE Asia, which has annual revenue of more than US$150 million, focuses on oncology, cardiology and orthopedics. It will raise funds for its future investment from external investors when needed, Mr Eng said, adding that he doesn't rule out the possibility of a listing.","news_type":1,"symbols_score_info":{"00662":0.9,"HCSG":0.9,"HR":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":379799965,"gmtCreate":1618793147857,"gmtModify":1634290914278,"author":{"id":"3575378189904678","authorId":"3575378189904678","name":"letsgo8","avatar":"https://static.tigerbbs.com/cfa8cd71bc61e78a08bb731667341ac4","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3575378189904678","authorIdStr":"3575378189904678"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/379799965","repostId":2128863731,"repostType":4,"repost":{"id":"2128863731","kind":"news","pubTimestamp":1618789491,"share":"https://www.laohu8.com/m/news/2128863731?lang=&edition=full","pubTime":"2021-04-19 07:44","market":"sg","language":"en","title":"Singapore-based TE Asia Healthcare looks to join US$1 billion club","url":"https://stock-news.laohu8.com/highlight/detail?id=2128863731","media":"The Straits Times","summary":"SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expe","content":"<div>\n<p>SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore-based TE Asia Healthcare looks to join US$1 billion club</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore-based TE Asia Healthcare looks to join US$1 billion club\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCSG":"Healthcare Svcs Group Inc","00662":"亚洲金融","HR":"医疗保健房地产信托"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128863731","content_text":"SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-east Asia, according to its chief executive officer.\n\n\nThe Singapore-based company plans to invest US$90 million mainly in Malaysia and Indonesia this year, building new cardiac hospitals and repurposing an existing medical facility in Kuala Lumpur into an orthopedic center, Mr Eng Aik Meng said in an interview. That would take TE Asia's total investment to US$260 million by the end of this year, he added.\nThe healthcare firm plans to double that investment in the next three to five years as it seeks to set foot in more countries and offers a broader range of specialized medical services, Mr Eng said.\n\n\n\n\n\n\n\"If we continue at this pace, this is easily a US$1 billion company\" in five years, he said.\nDemand for healthcare services, especially in specialized fields, is set to rise as countries in South-east Asia become more affluent. The average health-care spending in the region was at 4 per cent of gross domestic product in 2018, compared to 5.4 per cent in China and about 10 per cent globally, according to a report by the World Bank.\nTE Asia, which has annual revenue of more than US$150 million, focuses on oncology, cardiology and orthopedics. It will raise funds for its future investment from external investors when needed, Mr Eng said, adding that he doesn't rule out the possibility of a listing.","news_type":1,"symbols_score_info":{"00662":0.9,"HCSG":0.9,"HR":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4069380,"gmtCreate":1618793160238,"gmtModify":1635736503556,"authorId":3575378189904678,"author":{"id":3575378189904678,"idStr":"3575378189904678","authorId":3575378189904678,"name":"letsgo8","avatar":"https://static.tigerbbs.com/cfa8cd71bc61e78a08bb731667341ac4","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":379799965,"type":1,"supId":0,"prevId":0,"content":"Woww","text":"Woww","html":"Woww"}],"langContent":"EN"},{"id":379706095,"gmtCreate":1618792767617,"gmtModify":1634290919854,"author":{"id":"3575960528012254","authorId":"3575960528012254","name":"AntonyGeorge","avatar":"https://static.tigerbbs.com/42c9567b5a3657003840b0dc4fcee15c","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"3575960528012254","authorIdStr":"3575960528012254"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/379706095","repostId":2128863731,"repostType":4,"repost":{"id":"2128863731","kind":"news","pubTimestamp":1618789491,"share":"https://www.laohu8.com/m/news/2128863731?lang=&edition=full","pubTime":"2021-04-19 07:44","market":"sg","language":"en","title":"Singapore-based TE Asia Healthcare looks to join US$1 billion club","url":"https://stock-news.laohu8.com/highlight/detail?id=2128863731","media":"The Straits Times","summary":"SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expe","content":"<div>\n<p>SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore-based TE Asia Healthcare looks to join US$1 billion club</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore-based TE Asia Healthcare looks to join US$1 billion club\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCSG":"Healthcare Svcs Group Inc","00662":"亚洲金融","HR":"医疗保健房地产信托"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128863731","content_text":"SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-east Asia, according to its chief executive officer.\n\n\nThe Singapore-based company plans to invest US$90 million mainly in Malaysia and Indonesia this year, building new cardiac hospitals and repurposing an existing medical facility in Kuala Lumpur into an orthopedic center, Mr Eng Aik Meng said in an interview. That would take TE Asia's total investment to US$260 million by the end of this year, he added.\nThe healthcare firm plans to double that investment in the next three to five years as it seeks to set foot in more countries and offers a broader range of specialized medical services, Mr Eng said.\n\n\n\n\n\n\n\"If we continue at this pace, this is easily a US$1 billion company\" in five years, he said.\nDemand for healthcare services, especially in specialized fields, is set to rise as countries in South-east Asia become more affluent. The average health-care spending in the region was at 4 per cent of gross domestic product in 2018, compared to 5.4 per cent in China and about 10 per cent globally, according to a report by the World Bank.\nTE Asia, which has annual revenue of more than US$150 million, focuses on oncology, cardiology and orthopedics. It will raise funds for its future investment from external investors when needed, Mr Eng said, adding that he doesn't rule out the possibility of a listing.","news_type":1,"symbols_score_info":{"00662":0.9,"HCSG":0.9,"HR":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4069315,"gmtCreate":1618792861295,"gmtModify":1635736508125,"authorId":3575960528012254,"author":{"id":3575960528012254,"idStr":"3575960528012254","authorId":3575960528012254,"name":"AntonyGeorge","avatar":"https://static.tigerbbs.com/42c9567b5a3657003840b0dc4fcee15c","vip":1,"crmLevel":9,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":379706095,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good"}],"langContent":"EN"},{"id":379477681,"gmtCreate":1618792448943,"gmtModify":1634290924722,"author":{"id":"3578184198505037","authorId":"3578184198505037","name":"faeriewoods","avatar":"https://static.tigerbbs.com/04104cc9ab397d96e0eeee3c1023d9ad","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3578184198505037","authorIdStr":"3578184198505037"},"htmlText":"Please like thanks&nbsp;","listText":"Please like thanks&nbsp;","text":"Please like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/379477681","repostId":2128863731,"repostType":4,"repost":{"id":"2128863731","kind":"news","pubTimestamp":1618789491,"share":"https://www.laohu8.com/m/news/2128863731?lang=&edition=full","pubTime":"2021-04-19 07:44","market":"sg","language":"en","title":"Singapore-based TE Asia Healthcare looks to join US$1 billion club","url":"https://stock-news.laohu8.com/highlight/detail?id=2128863731","media":"The Straits Times","summary":"SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expe","content":"<div>\n<p>SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore-based TE Asia Healthcare looks to join US$1 billion club</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore-based TE Asia Healthcare looks to join US$1 billion club\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCSG":"Healthcare Svcs Group Inc","00662":"亚洲金融","HR":"医疗保健房地产信托"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128863731","content_text":"SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-east Asia, according to its chief executive officer.\n\n\nThe Singapore-based company plans to invest US$90 million mainly in Malaysia and Indonesia this year, building new cardiac hospitals and repurposing an existing medical facility in Kuala Lumpur into an orthopedic center, Mr Eng Aik Meng said in an interview. That would take TE Asia's total investment to US$260 million by the end of this year, he added.\nThe healthcare firm plans to double that investment in the next three to five years as it seeks to set foot in more countries and offers a broader range of specialized medical services, Mr Eng said.\n\n\n\n\n\n\n\"If we continue at this pace, this is easily a US$1 billion company\" in five years, he said.\nDemand for healthcare services, especially in specialized fields, is set to rise as countries in South-east Asia become more affluent. The average health-care spending in the region was at 4 per cent of gross domestic product in 2018, compared to 5.4 per cent in China and about 10 per cent globally, according to a report by the World Bank.\nTE Asia, which has annual revenue of more than US$150 million, focuses on oncology, cardiology and orthopedics. It will raise funds for its future investment from external investors when needed, Mr Eng said, adding that he doesn't rule out the possibility of a listing.","news_type":1,"symbols_score_info":{"00662":0.9,"HCSG":0.9,"HR":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4069262,"gmtCreate":1618792617609,"gmtModify":1635736512813,"authorId":3572491001882551,"author":{"id":3572491001882551,"idStr":"3572491001882551","authorId":3572491001882551,"name":"PKLim","avatar":"https://static.tigerbbs.com/fd59d359589b55bc6c2e8e1c92a14009","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":379477681,"type":1,"supId":0,"prevId":0,"content":"great","text":"great","html":"great"},{"id":4069271,"gmtCreate":1618792660883,"gmtModify":1635736512050,"authorId":3577420386659159,"author":{"id":3577420386659159,"idStr":"3577420386659159","authorId":3577420386659159,"name":"Huat899","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":379477681,"type":1,"supId":4069262,"prevId":0,"content":"Pls like ","text":"Pls like ","html":"Pls like "}],"langContent":"EN"},{"id":379472922,"gmtCreate":1618792293666,"gmtModify":1634290927557,"author":{"id":"3561088065415396","authorId":"3561088065415396","name":"henryee18","avatar":"https://static.tigerbbs.com/68e1124a4989ce380d6aa143a07b2620","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3561088065415396","authorIdStr":"3561088065415396"},"htmlText":"Gotta study more about this company first...","listText":"Gotta study more about this company first...","text":"Gotta study more about this company first...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/379472922","repostId":2128863731,"repostType":4,"repost":{"id":"2128863731","kind":"news","pubTimestamp":1618789491,"share":"https://www.laohu8.com/m/news/2128863731?lang=&edition=full","pubTime":"2021-04-19 07:44","market":"sg","language":"en","title":"Singapore-based TE Asia Healthcare looks to join US$1 billion club","url":"https://stock-news.laohu8.com/highlight/detail?id=2128863731","media":"The Straits Times","summary":"SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expe","content":"<div>\n<p>SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore-based TE Asia Healthcare looks to join US$1 billion club</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore-based TE Asia Healthcare looks to join US$1 billion club\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCSG":"Healthcare Svcs Group Inc","00662":"亚洲金融","HR":"医疗保健房地产信托"},"source_url":"http://www.straitstimes.com/business/companies-markets/singapore-based-te-asia-healthcare-looks-to-join-us1-billion-club","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128863731","content_text":"SINGAPORE (BLOOMBERG) - TE Asia Healthcare Partners, backed by private equity firm TPG Capital, expects to achieve a valuation of US$1 billion (S$1.33 billion) in five years as it expands in South-east Asia, according to its chief executive officer.\n\n\nThe Singapore-based company plans to invest US$90 million mainly in Malaysia and Indonesia this year, building new cardiac hospitals and repurposing an existing medical facility in Kuala Lumpur into an orthopedic center, Mr Eng Aik Meng said in an interview. That would take TE Asia's total investment to US$260 million by the end of this year, he added.\nThe healthcare firm plans to double that investment in the next three to five years as it seeks to set foot in more countries and offers a broader range of specialized medical services, Mr Eng said.\n\n\n\n\n\n\n\"If we continue at this pace, this is easily a US$1 billion company\" in five years, he said.\nDemand for healthcare services, especially in specialized fields, is set to rise as countries in South-east Asia become more affluent. The average health-care spending in the region was at 4 per cent of gross domestic product in 2018, compared to 5.4 per cent in China and about 10 per cent globally, according to a report by the World Bank.\nTE Asia, which has annual revenue of more than US$150 million, focuses on oncology, cardiology and orthopedics. It will raise funds for its future investment from external investors when needed, Mr Eng said, adding that he doesn't rule out the possibility of a listing.","news_type":1,"symbols_score_info":{"00662":0.9,"HCSG":0.9,"HR":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4069265,"gmtCreate":1618792633419,"gmtModify":1635736512594,"authorId":3572491001882551,"author":{"id":3572491001882551,"idStr":"3572491001882551","authorId":3572491001882551,"name":"PKLim","avatar":"https://static.tigerbbs.com/fd59d359589b55bc6c2e8e1c92a14009","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":379472922,"type":1,"supId":0,"prevId":0,"content":"let's study..","text":"let's study..","html":"let's study.."},{"id":4069274,"gmtCreate":1618792670678,"gmtModify":1635736511722,"authorId":3577420386659159,"author":{"id":3577420386659159,"idStr":"3577420386659159","authorId":3577420386659159,"name":"Huat899","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":379472922,"type":1,"supId":4069265,"prevId":0,"content":"Pls like","text":"Pls like","html":"Pls like"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":78,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.34.4","shortVersion":"4.34.4","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2128863731"}