Loo Choon Yong Net Worth is$535 $Million
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Raffles Medical Group (RMG), (Chinese: e??a 1/2 ?a?<>c??e??a??) (SGX: R01) established in 1976. The group runs a network of clinics, hospitals, surgical centres, speciality units and medical laboratories islandwide.
In 1976, the group's founders, Dr Loo Choon Yong and Dr Alfred Loh opened their first two clinics in Singapore's Central Business District (CBD) with the aim of providing medical services to corporate clients. By 1989, this had grown to five clinics and it was then that the two friends decided to incorporate their clinics into a medical practice group. Expanding after its incorporation, RMG moved into Singapore's HDB heartlands with their first neighbourhood clinic in 1993. More similar clinics soon followed in other estates.
In 1990, RMG tendered and obtained a contract with the Civil Aviation Authority of Singapore to provide medical services to the passengers transiting through Changi International Airport as well as airport workers. This also marked RMG's first 24-hour clinic.
Today, RMG runs a network of 74 multi-disciplinary clinics across Singapore, and four medical centres in Hong Kong and Shanghai. Airport clinics in Singaporea??s Changi International Airport and Hong Konga??s Chek Lap Kok International Airport are also managed by them.
The Group's flagship hospital is Raffles Hospital. It is located in Bugis and consists of 20 different specialist centres which provides specialist services such as obstetrics and gynaecology, cardiology, oncology and orthopaedics.
In 2005, RMG also began offering health financing under its subsidiary International Medical Insurers (IMI). RMG also has its own consumer healthcare division which develops and distributes a full range of nutraceuticals, supplements, vitamins and medical diagnostic equipment.
RMG uses the Institutional Group Practice Model. Through this model, specialists work as a team to provide patients quality medical services that are integrated, peer reviewed and medically

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Loo Choon Yong Latest News

Raffles Medical's new mall to open soon

The group expects a 6 to 7 per cent rental yield from the mall's 40 commercial units. Chief executive Loo Choon Yong said the property venture is very much in keeping with its healthcare operations. "We're not interested in doing property (business ...
Posted: March 12, 2016, 9:00 am

Raffles Hospital to open in Shanghai FTZ next year

Raffles Hospital Shanghai is jointly invested and built by local ... The Chinese company will hold 30 percent stake while the Singaporean medical group will hold the rest. Loo Choon Yong, executive chairman of the Raffles Medical Group, said that they ...
Posted: October 13, 2017, 7:28 pm

RAFG.SI on Stock Exchange of Singapore

Dr. Loo Choon Yong is Non-Independent Executive Chairman of the Board of Raffles Medical Group Ltd. He co-founded the Group in 1976 and was appointed to his current position in 1997 when the Group was listed on the Singapore Stock Exchange. He is also the ...
Posted: April 25, 2018, 5:00 pm
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