Thomson Medical confirms ‘discussions’ about exploring a potential deal

The Peter Lim-led company is reportedly planning to acquire a stake in Vietnam’s FV Hospital.

Thomson Medical Group Limited has confirmed that it is undergoing “preliminary confidential discussions to explore a potential transaction,” following reports that it is planning to acquire a controlling stake in Vietnam’s FV Hospital.

In a bourse filing, the company’s board of directors said discussions are still ongoing and that no definitive terms have been agreed upon between the parties.

“Further, there is no certainty or assurance that any transaction will arise from these discussions,” the board said.

“The company will make the appropriate announcements where there are material developments in respect of the Potential Transaction that merits disclosure,” the board added.

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