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Thomson Medical Group Unveils Johor Bay Mega Project

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Thomson Medical Group Unveils Johor Bay Mega Project

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The latest update is out from Thomson Medical Group Ltd. ( (SG:A50) ).

Thomson Medical Group has announced the launch of the Johor Bay Mega Project, a 26-acre development with a projected gross development value of over MYR18 billion. This integrated project will feature a mix of healthcare facilities, luxury residences, hospitality, and commercial lifestyle elements, aiming to capitalize on Johor’s strategic location and economic potential. The development is expected to significantly impact the region’s skyline and economy, leveraging the area’s high living standards and the upcoming completion of key infrastructure projects like the RTS.

The most recent analyst rating on (SG:A50) stock is a Buy with a S$0.06 price target. To see the full list of analyst forecasts on Thomson Medical Group Ltd. stock, see the SG:A50 Stock Forecast page.

More about Thomson Medical Group Ltd.

Thomson Medical Group is a leading Southeast Asian healthcare company, specializing in multidisciplinary hospitals, specialist suites, aged care, assisted living, and healthcare peripherals. The company is focused on integrating healthcare services with luxury residential, hospitality, and commercial lifestyle developments, particularly in the Johor-Singapore Special Economic Zone.

Average Trading Volume: 6,925,810

Technical Sentiment Signal: Sell

Current Market Cap: S$1.24B

See more data about A50 stock on TipRanks’ Stock Analysis page.

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