Recently, a healthcare stock has been on the rise – Health Management International Ltd. (588.SI), more commonly known as HMI on the local stock exchange, closed at 0.64. Their current price is a far cry from the 0.48 at the start of September. The stock has been picking up speed recently, hitting a high of 0.65 today.
I’ve been looking to get into some trading after liquidating Sino Grandness last week – the loss wasn’t too great, but an overall profit on any portfolio isn’t a bad thing. I was delving into the healthcare sector for opportunities when HMI caught my attention.
Health Management International Ltd. owns and operates the Mahkota Medical Centre in Malacca and Regency Specialist Hospital in Iskandar Malaysia. Currently, plans are to expand the Regency’s medical block due to strong patient demand. Construction is set to begin in …