Econ Healthcare acquires Ambulance Medical Service Pte. Ltd. in a Strategic Move to Strengthen Market Position

We are pleased to announce that we have signed a conditional sale and purchase agreement to acquire all the issued and paid-up shares of Ambulance Medical Service Pte. Ltd. (“AMS“), an emergency ambulance and medical transport operator in Singapore (the “Proposed Acquisition“). This strategic move marks a significant milestone for Econ Healthcare, further strengthening our suite of healthcare services and ecosystem of care.

With over 15 years of expertise in the industry, AMS is an established emergency ambulance and medical transport operator. As of 29 November 2023, AMS manages a robust fleet of 57 ambulances. Key market segments include provision of 24/7 ambulance transport services for both emergency and non-emergency cases, medical standby and coverage at events.

 

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Award winner at the Community Care Excellence Award 2023

Our Residential Care – Nursing home team garnered the Team Gold Award for their Clinical Quality Improvement Project on Falls Prevention at the Community Care Excellence Award (CCEA) Ceremony held in September, 2023. In addition, we are delighted to share that eleven of our care professionals across rehabilitation and nursing

ECON receives the President’s Certificate of Commendation (COVID-19)

We are delighted to share that ECON Healthcare Group was conferred the President’s Certificate of Commendation (COVID-19) during the Investiture of the National Awards (COVID-19) held on the 18th June 2023. Our Chief Executive Officer, Singapore – Ms Hui Ming Ong received the award from Mdm President Halimah Yacob. The

Grand Opening of Second Nursing Home in Changshou, China

On 18th May 2023, the Group held the grand opening for our second nursing home in Changshou, Chongqing. Serving the middle to affluent elder market, the dementia friendly nursing home is a 280-bed eldercare facility located at Yucai Road, Changshou District, Chongqing, with a built-up area of close to 8,500