June 26, 2025

THE EDGE SINGAPORE COVERAGE: FOUNDATION HEALTHCARE EYES SGX LISTING IN REGIONAL PUSH

June 26, 2025 by Foundation Healthcare Holdings
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Foundation Healthcare, a multi-speciality medical group backed by Temasek’s SeaTown Holdings, is preparing for a potential listing on the Singapore Exchange (SGX) as it strengthens its position as one of the largest private specialist healthcare networks in the country.

Established in March 2023 following a $150 million investment from SeaTown, the company has swiftly grown through controlling acquisitions in medical practices across general surgery, women’s and children’s health, ear, nose and throat specialities and more.

Foundation now has about 99 specialists, up from 53 just two years ago when the company was first incorporated. CEO Liaw Yit Ming says: “We’ve invested heavily in specialist practices, making us one of the largest multi-specialist groups in Singapore. This model allows us to improve care quality while meaningfully containing healthcare costs, a major issue in many parts of the region.”

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