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First REIT, the SGX healthcare real estate investment trust owned by Indonesia’s Lippo Group, has reported a 0.9% rise in distribution per unit (DPU) of S$0.0214 for the third quarter of the year.
Metlifecare, New Zealand’s second-largest listed retirement village operator, plans to spend NZ$240 million (US$167.2 million) to develop a waterfront retirement village at Scott Point, in the Auckland suburb of Hobsonville.
Thonburi Healthcare Group, the country's third largest hospital operator, has inked an MoU with Korea’s Green Cross MS and Green Cross Laboratories.
At its annual general meeting at the end of last week, Gordon Ballantyne, new chief executive of Healthscope, Australia’s second largest private healthcare operator, said that he expected current private hospital market conditions to continue in the short term.
Hong Kong-listed healthcare company China Wah Yan Healthcare plans to consolidate its shares. The move has been pushed onto the company to comply with trading requirements.
Monash IVF Group, Australia’s second largest fertility treatment provider, has appointed David Morris as the CEO and managing director effective from 13 November. After eight years, James Thiedeman stepped down in May.
SGX-listed Singapore Medical Group, a multi-disciplinary specialist healthcare services provider has announced its latest acquisition.
Malaysia's Top Glove is on the acquisition trail. The world’s largest rubber glove manufacture has signed an MoU to buy all the ordinary shares of Eastern Press for M$47.25 million (US$11.18 million) in cash. Eastern Press is principally engaged as a printer and supplier of packaging material. It is also the major supplier of packaging material to Top Glove's subsidiaries in Malaysia.
Venture capital fund, Beyond Ventures, which targets investments in the technology, media and telecoms sector and Alibaba Hong Kong Entrepreneurs Fund, a not-for-profit initiative launched by Alibaba Group in 2015, have led a US$40 million investment in digital health company, Prenetics.
Canada listed, DIAGNOS, which focuses on early detection of critical health issues through the use of its artificial intelligence tool CARA (Computer Assisted Retina Analysis) is partnering with Garuda Health Services to form a new screening service in Cambodia.

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Japan was in the spotlight today. The Nikkei jumped more than 1% to its highest levels since 1996 after incumbent prime minister Shinzo Abe won the weekend’s snap election. “The market believes that this will strengthen Abe’s leadership in the government and pave the way for continued Abenomics stimulus measures,” said Margaret Yang Yan at CMC Markets in Singapore. She added that it is likely that the term of current BOJ governor Haruhiko Kuroda will be extended, which will maintain his accommodative monetary policy outlook. Elsewhere it was a more mixed picture. Chinese markets traded flat, the ASX and the Hang Seng declined and the SGX, the SET and Malaysian indices all gained. Market drivers over the week ahead are likely to come from the US with more corporate earnings as well as any hints on a successor to Janet Yellen at the US Federal Reserve.



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