- HC Surgical appointed as the consultancy service provider for The Prestige Hospital Co., Ltd. (“TPH”) endoscopy centre
- HCSS to provide certain exclusive medical services in TPH for a period of 3 years
- Anticipate to generate recurring revenue stream for HCSS
Catalist-listed HC Surgical Specialists Limited (SGX:1B1) is pleased to announce that it has today, entered into an exclusive agreement (“Agreement”) with The Prestige Hospital Co., Ltd. (“TPH”), a company incorporated in Cambodia, which is valid for a term of 3 years upon commencement of the operations of the endoscopy centre, which is estimated to be on 1 March 2020 or such later date as may be agreed to in writing between both parties.
Chief Executive Officer of HCSS, Dr. Heah Sieu Min commented, “We are extremely exhilarated and look forth to our exclusive collaboration with The Prestige Hospital as it marks our maiden foray into Cambodia which is a new market for us. We see this opportunity as a testament to our medical expertise and capabilities, which is in line with our growth strategy to fortify our presence in the region. We are on track with our expansion plans and will continue to keep a lookout for other potential synergistic collaborations locally and regionally.”