HealthInvestor Asia Summit 2018
Financial intelligence for Asia's healthcare markets
Remember me:

New Zealand: Oceania acquires site next to Eden facility

Oceania Healthcare, New Zealand’s third largest retirement village operator, has acquired a site adjacent to its Eden facility in Mt Eden, Auckland. Financial terms have not been disclosed.

The Eden facility currently has 67 existing care suites – premium care rooms sold to residents under the occupation right agreement model – and 40 independent retirement village apartments.

“We told our shareholders at the time of the IPO that we would make further brownfield and greenfield acquisitions as opportunities arose, and this purchase in Mt Eden is a great example of the execution of this strategy. It enables us to add to our brownfield development pipeline at a proven site with strong property values,” said Oceania Healthcare CEO Earl Gasparich

Oceania Healthcare priced its NZ$200 million (US$140.3 million) IPO at NZ$0.79 per share in May. Its shares yesterday traded flat at NZ$0.98.

Posted on: 12/09/2017 UTC+08:00


Sleep-related breathing disorder medtech company SomnoMed has raised A$4.5 million (US$3.5 million) in the retail component of its A$10.4 million capital raising.
Beijing-based paediatric healthcare provider New Century Healthcare has been cleared by the Health and Family Planning Commission of Chaoyang District in Beijing to establish a 1,300 square-meter paediatric clinic.
Wattanapat Hospital Trang is planning to build a new Bt425 million (US$13.6 million) hospital in Samui.
Following an investigation by the Australian Competition and Consumer Commission, criminal charges have been laid against the healthcare equipment company Country Care Group, its managing director, Robert Hogan, and a former employee, Cameron Harrison.
Shares in regenerative med-tech group Avita Medical jumped 3.4% yesterday after the group announced the start of a randomised, controlled clinical trial of its burn treatment funded by the China National Health and Family Planning Commission.
Korea’s Ssangyong Engineering & Construction and Daewoo Engineering & Construction, together with Catalist-listed Koh Brothers Eco Engineering have been awarded the W788 billion (US$735.8 million) Woodlands Health Campus (WHC) development project in Singapore by the ministry of health.
Australian dental care chain 1300 Smiles is to acquire a dental practice in Buderim, Queensland. The practice provides a full range of dental services including cosmetic and orthodontic to the Sunshine Coast community.
Sydney-headquartered wireless urinary incontinence technology company Simavita has secured commitments to raise A$1.4 million (US$1.1 million) by way of unsecured convertible notes.


Sumit Sharma, head of health & life sciences, Asia Pacific, at Oliver Wyman, and Matt Zafra, engagement manager, health & life sciences, Oliver Wyman, look at the four themes that are going to dominate healthcare this year.
It can sometimes seem that the healthcare sector is a guaranteed money spinner for investors. It has everything going for it. Societal demands and demographics make it a sure thing, say enthusiasts. And investors have become used to the fact that everything it touches turns to gold.
Yesterday’s stock price fall for Ramsay Health Care was not entirely unexpected. Shares in Australia’s largest private hospital operator dropped 5.75% to A$63.90 (US$49.81) after it revealed distinctly unimpressive first half figures.
Susann Roth, senior social development specialist, Asian Development Bank, gives one way how health risks can be lowered at Special Economic Zones.
Nicole Hill, global director of healthcare at ALE, has a goal to make everyone and everything in healthcare connected. She explains how healthcare is entering a second wave of digitisation in Asia.
There is a simple reason why healthcare stocks on the SGX rose today. Yesterday’s budget was focused firmly on healthcare. Finance minister Heng Swee Keat announced not just an additional S$10.2 billion (US$7.8 million) for healthcare over the next year, he made clear that he was committed to the sector.
A new paper from KPMG looks at the disconnect between consumer expectations and the current healthcare experience of patients in Australia.
Gan Kim Yong, Singapore’s minister for health, explains why integrated care is important in the context of an ageing population.
my images


Hedge Fund Focus

HealthInvestor Asia twitter feed
HIA Indices