|
| Monday, 13 August 2018, 17:22 HKT/SGT | |
| |
|
|
|
HONG KONG, Aug 13, 2018 - (ACN Newswire) - A leading mid-to high-end pediatric medical service provider in China - New Century Healthcare Holding Co. Limited ("New Century Healthcare" or the "Company"; Stock Code: 1518.HK) and its subsidiaries ("the Group") are pleased to announce, 1) the acquisition of equity interest of Chengdu New Century Women's and Children's Hospital Co., Ltd. ("Chengdu New Century") has been completed ; 2) the Company strategically invested in the equity of Chiron Healthcare Holdings Limited in Hong Kong ("Chiron Healthcare", together with its subsidiaries, collectively "Chiron Healthcare Group").
The board of directors of the Company announces that the acquisition of 85.0% equity interest of Chengdu New Century for a cash consideration of RMB200.0 million has been completed, and Chengdu New Century also completed the alteration registration with the relevant administration of industry and commerce and obtained the new business license on August 10, 2018.
In addition, on August 4, 2018, NCH Marvel Investment (BVI) Limited, a wholly-owned subsidiary of the Company, entered into the share subscription agreement and other investment documents with Chiron Healthcare to subscribe the shares of Chiron Healthcare (the "Investment"). The Investment has been recently completed. Upon completion, the Group held 10.1% equity interests in Chiron Healthcare.
Chiron Healthcare Group is one of the major private specialized healthcare groups in Hong Kong, focusing on provision of holistic medium to high-end specialty healthcare services covering many departments including oncology, cardiology, general surgery, ear, nose & throat (otorhinolaryngology), orthopaedics and traumatology, obstetrics and gynecology, geriatrics, paediatrics, ophthalmology, urology and subfertility. Chiron Healthcare Group has a strong healthcare network made up of well-known specialist doctors, and operates a number of clinics in Hong Kong, including its large flagship clinics in Central and Tsim Sha Tsui. Chiron Healthcare Group has established in-depth cooperation with many famous private hospitals, major insurance companies and healthcare service platforms in Hong Kong. Apart from specialty outpatient and surgical services, Chiron Healthcare Group also provides healthcare management services including physical examination, physiotherapy and rehabilitation as well as vaccination for adults and children.
Mr. Jason Zhou, Chairman of New Century Healthcare commented, "Leveraging on our respective strengths in medical resources, network and management capability, the Group and Chiron Healthcare Group will carry out in-depth cooperation in many aspects, including but not limited to cross-border healthcare services (including oncology/specialty consultation, vaccination and medical services for women and children as well as assisted reproductive services, etc.), two-way referral services between Mainland China and Hong Kong, knowledge sharing in medical technology and trainings and medical institution management. We look forward to achieving synergies by complementing each other's advantages and improving the quality of our healthcare services. Moreover, the strategic investment in and cooperation with Chiron Healthcare Group are in line with the business development strategy and plan of the Group, that is to enhance the healthcare network presence of the Group in the Guangdong-Hong Kong-Macao Greater Bay Area, expand the coverage of specialty healthcare services for women and children, and further expand and extend the New Century brand in the Greater China Region."
Topic: Press release summary
Sectors: Daily Finance, Daily News, Healthcare & Pharm
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
Developers and designers of tomorrow's cities triumph at the 20th PropertyGuru Asia Property Awards Grand Final
Dec 16, 2025 17:00 HKT/SGT
|
|
|
CTF Life App Becomes Hong Kong's First Life Insurance Mobile Application to Enable Premium Payments via AlipayHK
Dec 16, 2025 14:51 HKT/SGT
|
|
|
New APAC Partnership with Matter Brings Market Logic Software's Always-On Insights Solutions to Local Brand and Experience Leaders
Dec 16, 2025 14:30 HKT/SGT
|
|
|
CBL International Limited Achieves EcoVadis Silver Medal, Ranking Among Top 15% Globally for Sustainability Performance
Dec 16, 2025 12:01 HKT/SGT
|
|
|
Everest Medicines Unveils 2030 Strategy as Directors and Substantial Shareholder Buy Over HKD 38 Million of Shares
Dec 16, 2025 11:47 HKT/SGT
|
|
|
SAKENOVA: 28-Year-Old Master Brewer Pioneers AI-Driven Sake Revolution, Achieving 40% Cost Reduction While Winning International Gold Medals 
Monday, December 15, 2025 10:00:00 PM
|
|
|
GMG Unveils Graphene Aluminium-Ion Battery That Fully Charges in 6 Minutes
Dec 15, 2025 21:09 HKT/SGT
|
|
|
CMS (867.HK/8A8.SG): Innovative Drug Oral JAK1 Inhibitor Povorcitinib Has Been Included in the List of Breakthrough Therapeutic Drugs in China
Dec 15, 2025 21:00 HKT/SGT
|
|
|
NEC Provides Vehicle Management Equipment for Autonomous Driving at Tokyo International Airport
Monday, December 15, 2025 6:41:00 PM
|
|
|
NEC and AEROTHAI Elevate Air Traffic Safety with Advanced Time Sync Solutions from Adtran Oscilloquartz
Monday, December 15, 2025 6:04:00 PM
|
|
|
|
|
More Press release >> |
|
 |
|
 |
|
