gogreen, fyi, PETER LIM is no longer controlling TMCLIFE! Rowsley, the Singaporean real estate and investment company had acquired 100% of Sasteria (M) Pte Ltd, which holds a 47.3% stake in TMCLSB, from businessman Peter Lim Eng Hock!
well, it seems that someone is pressing down the price of this healthcare stock with intention. More than 70% of TMCLIFE shares is owned by Thomson Medical Group (Rowsley's Sasteria) , and with the Johor Crown Prince Tunku Ismail Sultan Ibrahim as the 2nd large TMCLIFE shareholder , so not much floating shares is in the market. However, it is done with every low price. Getting more interesting now...Let's see how it goes.
since more than 80% of TMCLIFE shares is already in the hands of both parties (Thomson Medical Group (Rowsley's Sasteria) ,and the Johor Crown Prince Tunku Ismail Sultan Ibrahim , only a few is left floating in the market, so collecting more shares by pressing and squeezing out the smaller retailers with less holding powers tends to happen. That's why the price is in controlled and can fluctuate very fast. For the price level, no one knows better than these people.
The group also owns a piece of land in Johor Baru contiguous to their new Thomson Iskandar Medical Hub, which it intends to develop into an integrated healthcare and wellness destination known as Vantage Bay Healthcare City.
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gogreen
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Posted by gogreen > 2019-03-26 11:16 | Report Abuse
Lastly they will tell you that PETER LIM is only an investor but not philanthropist. Haha.