- CEO
- Zhi Bin Kwek
- Sector
- Health services
- Industry
- Hospital/Nursing management
- Address
- Singapore Singapore
- IPO Date
- Feb 1, 1988
- Business
- AsiaMedic Limited is an investment holding company that operates ambulatory medical centers and provides diagnostic imaging, preventive healthcare, and clinical management services in Singapore. Incorporated in 1974 and headquartered at Shaw House on Orchard Road, Singapore, the company is listed on the Catalist board of the Singapore Exchange (SGX: 505) and operates with Luye Medical Group Pte. Ltd. as its substantial controlling shareholder. The group serves individual patients, corporate clients, medical specialists, and tertiary healthcare institutions across Singapore and the broader Southeast Asian region.
The company delivers its core medical services across distinct healthcare divisions: advanced diagnostic imaging services, comprising Positron Emission Tomography and Computed Tomography (PET/CT) scanning for oncology, neurology, and cardiology; Magnetic Resonance Imaging (MRI); multi-slice Computed Tomography (CT); digital general radiography (X-ray); digital mammography; diagnostic ultrasound; and dual-energy X-ray absorptiometry (DEXA) bone mineral densitometry, supported by subspecialty radiological interpretations in cardiovascular, musculoskeletal, neuroradiological, and breast pathology; comprehensive preventive healthcare and wellness services, including tailored executive health screenings, corporate wellness packages, pre-employment examinations, early cancer detection protocols, and cardiovascular risk assessments; and primary healthcare services provided through its International Family Clinic, encompassing general outpatient consultations, chronic disease management, and travel vaccinations. AsiaMedic operates these clinical activities through key subsidiaries and operating entities, including The Orchard Imaging Centre Pte. Ltd., AsiaMedic PET/CT Centre Pte. Ltd., AsiaMedic Heart & Vascular Centre Pte. Ltd., and AMC Healthcare Pte. Ltd.
In recent strategic developments, AsiaMedic has focused on scaling its core diagnostic imaging capacity and optimizing its operational portfolio. Through its wholly owned subsidiary AMC Healthcare Pte. Ltd., the group established a strategic joint venture with Sunway Equity Holdings Pte. Ltd., a subsidiary of Sunway Healthcare Group, launching the AsiaMedic Sunway Imaging Centre at Novena Medical Center in Singapore to capture patient referrals from nearby medical specialist suites and hospitals. Additionally, following the execution and subsequent amendment of agreements relating to the acquisition of aesthetic clinic assets from LE Private Clinic Pte. Ltd., the group completed the divestment and deconsolidation of its non-core aesthetic practice operations, refocusing its financial and operational capital on expanding high-demand diagnostic imaging, PET/CT capabilities, and preventive screening facilities.