Background
The Asian American Medical Group (AAMG), formerly known as Asian Centre for Liver Diseases & Transplantation (ACLDT), was established in 1994.
AAMG was led by the late Dr Tan Kai Chah, the Executive Chairman of the Group. His clinical operations are supported by a multi-disciplinary team of specialists and experienced healthcare personnel of the Group’s subsidiary Asian American Liver Centre Pte Ltd (“AALC”).
AAMG obtained a listing on the Australian Securities Exchange on 29 September 2009 and now trades under the ticker code AJJ.
Core Business
AAMG, headquartered at Gleneagles Hospital in Singapore, has two main operating segments which are the liver, and healthcare project management and consultancy segments.
AALC, which operates the liver segment which operates under its wholly-owned subsidiary, offers a one-stop seamless and comprehensive treatment for patients with liver and hepatobiliary diseases. With a team of highly trained specialists, state-of-the-art facilities and equipment, we provide optimal care and treatment for adults and children.
For the clinical segments, AAMG undertakes highly complex specialist medical procedures, but also manages the full patient experience from marketing / patient education, medical concierge, billing, and hospital interaction. AAMG patients includes international patients from South-east Asia, South Asia, Indochina, the Middle East and North Asia.
AAMG also provides healthcare consultancy and management services.
Growth Strategies
AAMG’s growth strategies include:
1) Organic growth of its Singapore operations – through the recruitment of more specialists. Currently, there is a growing demand for services liver diseases and cancer from the South-east Asia, Indochina and the Middle East regions.
2) Non-Organic growth through the development of overseas centres and strategic alliances in the region.
3) Diversification of services through the addition of other medical specialties and service offerings. AAMG has started offering radiation oncology clinical and consultancy services in early 2015 and has continued to strengthen its healthcare management and consultancy arm which aims to take advantage of the fast-growing healthcare market in the region.
Stock Fundamentals
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