Econ Healthcare to acquire transport operator Ambulance Medical Service for $8.8 mil

Bryan Wu2023-11-29

Econ Healthcare has also announced its intention to diversify its business to include the provision of medical transport services.Econ Healthcare EHG has announced its proposed acquisition of ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2387546644?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-11-29 14:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2387546644","market":"hk","top_or_hot":-1,"title":"Econ Healthcare to acquire transport operator Ambulance Medical Service for $8.8 mil","media":"Bryan Wu","content":"<div>\n<p>Econ Healthcare has also announced its intention to diversify its business to include the provision of medical transport services.Econ Healthcare EHG has announced its proposed acquisition of ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/healthcare/econ-healthcare-acquire-transport-operator-ambulance-medical-service-88-mil?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","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>Econ Healthcare to acquire transport operator Ambulance Medical Service for $8.8 mil</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nEcon Healthcare to acquire transport operator Ambulance Medical Service for $8.8 mil\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-29 14:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/healthcare/econ-healthcare-acquire-transport-operator-ambulance-medical-service-88-mil?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Bryan Wu</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Econ Healthcare has also announced its intention to diversify its business to include the provision of medical transport services.Econ Healthcare EHG has announced its proposed acquisition of ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/healthcare/econ-healthcare-acquire-transport-operator-ambulance-medical-service-88-mil?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4196","symbol_name":"保健护理服务","start_time":0,"source_url":"https://www.theedgesingapore.com/news/healthcare/econ-healthcare-acquire-transport-operator-ambulance-medical-service-88-mil?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2387546644","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2387546644","pubTimestamp":1701238384,"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Econ Healthcare has also announced its intention to diversify its business to include the provision of medical transport services.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4196":"保健护理服务","AMS":"American Shared Hospital Services","BK6092":"保健护理机构","EHG.SI":"宜康医疗保健","BK6511":"医疗保健服务概念"},"translate_title":"Econ Healthcare以880万美元收购运输运营商救护车医疗服务公司","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMS":1,"EHG.SI":1},"content_text":"Econ Healthcare has also announced its intention to diversify its business to include the provision of medical transport services.Econ Healthcare EHG has announced its proposed acquisition of Ambulance Medical Service (AMS), an emergency ambulance and medical transport operator in Singapore, for an aggregate consideration of $8.8 million on Nov 29. \nAccording to Econ Healthcare, its acquisition of AMS, which has over 15 years of expertise in the industry, marks a significant milestone for the company in its efforts to further strengthen its suite of healthcare services and ecosystem of care.   \nAs at Nov 29, AMS manages a fleet of 57 ambulances. Its key market segments include provision of 24/7 ambulance transport services for both emergency and non-emergency cases, medical standby and coverage at events. \nBased on AMS management accounts as at June 30, the book value of its issued capital stood at $11.0 million.\nOng Chu Poh, executive chairman and group CEO, says: “With AMS, we move forward with a shared strategic vision to establish a comprehensive ecosystem of healthcare services and offer an expanded range of high-quality services to our clients and partners. We will leverage our combined strengths to enhance our capabilities, foster innovation and excellence.”\nIn connection with the proposed acquisition, Econ Healthcare has also announced that it intends to diversify its business and expand its core business to include the provision of emergency ambulance and medical transport services. \n“The proposed acquisition and diversification underscores Econ Healthcare’s dedication to fostering synergies across the value chain, enhancing efficiencies and elevating the overall service experience for both clients and partners,” says the company in a press release.\nBoth the proposed diversification and the proposed acquisition are subject to the approval of the shareholders of the company.\nShares in Econ Healthcare closed unchanged at 20.5 cents on Nov 29.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"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":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","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/2387546644"}