Founded in 1998, HMI Group (“Group”) was listed on SGX Catalist on 15 October 1999 and upgraded to the SGX Mainboard on 10 March 2008. Today, we are a growing regional healthcare provider that owns two tertiary hospitals in Malaysia, a healthcare training institute as well as a new one-stop ambulatory care centre in Singapore. We are committed to not just improving the lives of our patients, but the community as a whole by leveraging on our human capital, consistent innovation and technological expertise.
Strong Brand Equity
Our Businesses
Innovating Success
Our Journey
1998
- Incorporation of HMI
- Operated 60 bed Balestier Hospital in Singapore since 1991
Innovating Success
Our Journey
1999
- Listing of HMI on SGX-Sesdaq
Innovating Success
Our Journey
2000
- Completed acquisition of 20% interest in Mahkota Medical Centre (“Mahkota”), a loss making hospital in Melaka then
Innovating Success
Our Journey
2001
- Achieved turn-around of Mahkota in 2 years
- Raised interest in Mahkota to 40%
Innovating Success
Our Journey
2002
- Official opening of HMI Institute of Health Sciences(“HMI Institute”) in Oct 2002
Innovating Success
Our Journey
2005
- Shift of core business in Singapore to healthcare education and training
Innovating Success
Our Journey
2007
- Acquired 35% equity stake in Regency Specialist Hospital (“Regency”), a vacant hospital building then
- Raised interest in Mahkota to 49%
Innovating Success
Our Journey
2008
- Commissioned Regency
- Raised interest in Regency to 61%
- HMI upgraded to SGX-Mainboard
Innovating Success
Our Journey
2009
- Official opening of Regency in Nov 2009
Innovating Success
Our Journey
2010
- HMI hospitals approved for use of Medisave overseas for hospitalization & day surgeries
Innovating Success
Our Journey
2014
- Regency achieved first full year of profitability
Innovating Success
Our Journey
2015
- HMI Institute shifted operations to the Devan Nair Institute for Employment and Employability
Innovating Success
Our Journey
2016
- Regency announced the construction of hospital extension block to double capacity
Innovating Success
Our Journey
2017
- Completed full consolidation of ownership (100%) in Mahkota and Regency for SGD 183mn via mix of cash and new shares
- Heliconia Capital Management acquired a 2% stake in HMI through an $11m placement
Innovating Success
Our Journey
2018
- Completed acquisition of 70% stake in StarMed Specialist Centre
Innovating Success
Our Journey
2019
- De-listed from the Singapore Stock Exchange allows HMI Group to strengthen its business expansion and its vision of being a leading healthcare group in Asia at a quicker pace.
- HMI Institute became a social enterprise.
- Invested 40% in Plus Medical Holdings (OneCare Clinics), a fast growing GP Chain in Singapore
Innovating Success
Our Journey
2021
- Increased investment to acquire majority stake in OneCare Medical Group (OneCare) a chain of private primary care clinics in Singapore
Innovating Success
Our Journey
2022
- Acquired majority stake in Eagle Eye Centre Pte Ltd (Eagle Eye Centre), the largest private ophthalmology chain in Singapore
Accreditations and Awards
