News

News

CarUX Acquires Japan’s Pioneer in $1.1 Billion Deal to Expand Automotive Tech Portfolio

CarUX, a smart cockpit solutions provider and subsidiary of Taiwan’s leading display manufacturer Innolux Corporation, has announced the acquisition of Japan’s Pioneer Corporation in a landmark transaction valued at 163.6 billion yen (approximately $1.1 billion). The agreement, signed with global investment firm EQT, will see CarUX assume full ownership of Pioneer, a former heavyweight in Japan’s consumer electronics sector. The move is aimed at enhancing CarUX’s footprint in the Asia-Pacific region while significantly expanding its global product portfolio. Pioneer, renowned for its innovation in automotive sound systems and Human Machine Interface (HMI) software, brings decades of experience and a well-established network of automotive partnerships, including with industry giant Toyota. According to CarUX and Innolux Chairman Jim Hung, the acquisition will unlock strategic synergies by integrating CarUX’s display and touch technology expertise with Pioneer’s established audio and software capabilities. “The acquisition brings strategic synergies for both CarUX and Pioneer,” said Hung, underlining the alignment of the two companies’ technological and operational strengths. The deal arrives at a time when CarUX is preparing for a public listing in the United States, announced earlier this year. The enhanced product offering and broader market access provided by the acquisition are expected to support the company’s growth ambitions on the global stage. Pioneer’s President and CEO Shiro Yahara welcomed the acquisition, stating that the collaboration would enable both companies to “create the future of mobility experiences”. Hung also revealed at a press briefing that Pioneer reported revenue of 240 billion yen in the fiscal year ending March 2024, and maintains a robust financial structure — a factor that was key in finalising the acquisition. Once a trailblazer in consumer electronics, Pioneer made headlines in 1997 for launching the world’s first plasma television. However, amid increasing global competition, the company saw its consumer electronics influence wane. Pioneer was previously acquired in 2018 by Baring Private Equity Asia for $900 million, resulting in its delisting from the Tokyo Stock Exchange. Baring was subsequently acquired by Swedish investment firm EQT AB in 2022. This strategic acquisition marks a significant milestone for CarUX, reflecting its ambitions to lead innovation in next-generation automotive cockpit solutions. -Reuters

Investment & Market Trends, News

NTT Files for S$1.36 Billion Data Centre REIT IPO on Singapore Exchange

Nippon Telegraph and Telephone Corporation (NTT) has submitted a preliminary prospectus for the initial public offering (IPO) of its data centre real estate investment trust, NTT DC REIT, on the Singapore Exchange (SGX), according to a filing published on the Monetary Authority of Singapore’s website. The move marks a significant development in NTT’s strategy to capitalise on growing investor interest in digital infrastructure. While the preliminary filing did not specify the expected IPO size or launch date, sources cited by Reuters earlier indicated the deal could raise up to US$1 billion (approximately S$1.36 billion), positioning it as the largest listing in Singapore in recent years. The last comparable IPO was the US$977 million (S$1.33 billion) listing of Digital Core REIT in 2021, based on LSEG data. NTT DC REIT’s initial portfolio comprises six data centre assets spanning the United States, Austria, and Singapore. The total appraised value of these assets stands at approximately US$1.6 billion (S$2.17 billion), the preliminary prospectus revealed. The REIT’s sponsor is NTT Ltd, the global IT services subsidiary of the Japanese telecommunications group. The offering has attracted strong institutional interest, with cornerstone investors including Singapore’s sovereign wealth fund GIC, AM Squared Ltd, and Viridian Asset Management Ltd. These investors commit to subscribing to shares ahead of the IPO’s public launch, offering early validation of the REIT’s market appeal. NTT declined to comment when approached for further details. The listing comes amid renewed momentum in Singapore’s equities market. In February, the city-state introduced a suite of initiatives aimed at revitalising IPO activity, including a 20% corporate tax rebate for companies undertaking primary listings on SGX. Market activity has responded positively. IPO proceeds on SGX rose more than five-fold in the first half of 2025, reaching US$331.6 million compared to US$59.3 million in the same period last year, according to LSEG data. Separately, Hong Kong-listed China Medical System announced earlier this week that it had applied for a secondary listing on SGX, signalling growing regional interest in Singapore’s capital markets. -Reuters

Energy & Technology, News

Xiaomi Shares Soar to Record High as YU7 SUV Attracts 289,000 Orders in One Hour

Xiaomi Corporation’s shares surged 8% to an all-time high after the company revealed overwhelming demand for its latest electric vehicle, the YU7 SUV. Within just one hour of launch, the model secured 289,000 pre-orders, far surpassing market expectations and underscoring the brand’s growing presence in China’s competitive EV market. Priced at 253,500 yuan (approximately $35,360), the YU7 is positioned as a direct rival to Tesla’s Model Y, which starts at 263,500 yuan in China. The SUV represents Xiaomi’s second vehicle release, following the debut of its SU7 sedan. The new model enters a saturated electric vehicle landscape, as scrutiny mounts over assisted driving technologies and regulatory pressures on automakers intensify. At the launch event in Beijing, Xiaomi founder Lei Jun positioned the YU7 squarely against the Model Y, continuing a strategy reminiscent of how he previously compared Mi smartphones to the iPhone. Lei acknowledged the challenges ahead, stating the company is preparing to face “the biggest competitor” and other strong contenders in the sector. With an eye on the long term, Lei has pledged 200 billion yuan in investment over five years as part of Xiaomi’s ambition to become a global leader in smart devices, spanning everything from automotive technology to AI wearables and chip development. The YU7 forms a key component of that strategy. Pre-orders began on Thursday with a refundable 5,000 yuan deposit. In a surprising move, customers awaiting delivery of the SU7 were given a three-day window to switch to the YU7. Xiaomi reported over 200,000 pre-orders for the SUV within the first three minutes following the launch announcement. Analysts at Goldman Sachs described demand as exceeding both company and market expectations, forecasting that Xiaomi will continue strengthening its position in the premium electric vehicle segment in China. The firm raised its stock price target by 6% to HK$69. According to Bloomberg Intelligence, the YU7 could be instrumental in accelerating Xiaomi’s EV sales, potentially driving a 209% increase in 2025. With sport utility vehicles enjoying greater popularity than sedans in China, the YU7 is expected to expand Xiaomi’s consumer base and take market share from rivals including Tesla and Nio. Analysts project the SUV could account for 41% of Xiaomi’s EV deliveries in the second half of the year, surpassing the company’s EV sales target by 13%. The top YU7 variant is priced at 329,900 yuan, featuring a driving range of up to 760 kilometres (470 miles) and acceleration from 0 to 100 kilometres per hour in 3.23 seconds. The model comes in nine colours and includes high-end features such as lidar-based driver assistance, an 800-volt fast-charging platform, large touchscreens, massage chairs, and built-in storage compartments. The YU7 will serve as a crucial test of market confidence in Xiaomi’s automotive ambitions following a fatal crash involving the SU7, which has drawn increased scrutiny from Chinese regulators. The launch also comes amid broader government pressure on automakers to refrain from aggressive pricing tactics and financial manoeuvres, including using near-new vehicles to artificially boost sales. Despite regulatory headwinds, Lei expressed optimism that the YU7 will support Xiaomi’s automotive division in reaching profitability in the second half of the year, potentially marking one of the fastest paths to breakeven in the industry. Investors have responded positively to this vision. Xiaomi’s market capitalisation now stands near $200 billion, surpassing BYD, China’s leading EV manufacturer. The SU7 has already outsold the Tesla Model 3 year-to-date. In addition to the YU7, Xiaomi’s event showcased a range of new products, including a pair of 1,999 yuan AI-powered smart glasses capable of filming and interpreting visual information, the MIX Flip 2 foldable smartphone, and a tablet equipped with Xiaomi’s proprietary Xring O1 chip. -Bloomberg

Investment & Market Trends, News

Shein Targets Hong Kong IPO with Confidential Filing in Strategic Shift

Fast-fashion giant Shein is preparing to confidentially file a draft prospectus for a planned initial public offering (IPO) in Hong Kong, according to three individuals familiar with the matter. This move marks a significant deviation from the typical practice in the territory, where major IPO applicants such as Xiaomi and Meituan have traditionally opted for public filings. Sources indicate the China-founded retailer is aiming to submit the draft as early as this week, with one suggesting a Monday deadline. If accepted, the confidential filing would require a waiver of one of the Hong Kong Stock Exchange’s principal listing regulations—an exceptional measure that underscores the unique regulatory complexities surrounding Shein’s public offering. The proposed listing in Hong Kong follows previous unsuccessful attempts to go public in the United States and the United Kingdom, where regulatory hurdles, including lack of approval from the China Securities Regulatory Commission (CSRC), impeded progress. Reuters previously reported that Shein’s London IPO bid had gained support from UK authorities, but still failed to secure the green light from Beijing. Founded in 2012 by entrepreneur Sky Xu, Shein has built a global presence, offering low-cost apparel such as US$5 dresses and US$10 jeans across approximately 150 countries. The business, headquartered in Singapore since 2022, maintains a significant reliance on its supply network in China, sourcing products from around 7,000 third-party suppliers. This operational structure has kept the firm within the ambit of Chinese offshore listing regulations, despite its overseas base. Confidential IPO filings—commonplace in the United States—allow companies to engage regulators without immediate public scrutiny of financials or risk factors. Although rare in Hong Kong, the exchange’s rules do permit such filings for secondary listings or in specific spin-off scenarios upon regulatory waiver. Should Shein proceed under this framework, details of the offering will remain undisclosed until it clears a formal hearing with the Hong Kong exchange. Final approval hinges on authorisation from the CSRC, though it remains unclear whether Shein has received an informal nod from the commission. According to sources, the confidential nature of the filing enables both Hong Kong and mainland Chinese regulators to conduct private evaluations and request clarifications before the materials are made available to institutional investors. A successful IPO in Hong Kong would mark Shein’s third and potentially final bid to enter the public markets, and could become the city’s largest float this year. It would also represent a critical boost to Hong Kong’s capital markets, which recorded US$12.8 billion in IPOs and secondary listings in the first half of the year, amid turbulence driven by geopolitical and trade tensions. Valued at US$66 billion during a 2023 pre-IPO fundraising round—down from earlier valuations—Shein’s public market debut will be closely watched. Analysts suggest the eventual valuation will reflect recent shifts in global trade policy, particularly US tariff increases on Chinese goods and the end of duty-free ecommerce imports, developments that have negatively impacted Shein’s largest market. The company has also faced reputational challenges related to its supply chain. Allegations of forced labour involving Uyghur minorities in China’s Xinjiang region have led to increased scrutiny. While Beijing denies any human rights abuses, the US has imposed a ban on products linked to forced labour in the region. Shein maintains that its global supplier code of conduct prohibits forced labour and asserts that it does not permit Chinese cotton to be used in products destined for the US market. Under current rules, Shein will be required to file with the CSRC within three business days of submitting its Hong Kong application. The regulator applies a “substance over form” principle, allowing significant discretion in determining whether companies fall under its purview—even if formally headquartered abroad. If granted regulatory clearance, Shein’s confidential listing could set a precedent for future high-profile IPOs in Hong Kong, marking a turning point for both the company and the broader fundraising environment in Asia. -Reuters

News

Tengku Zafrul Advances Regional Economic Dialogue with Singapore and Indonesia

Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz held high-level discussions with senior leaders from Singapore and Indonesia aimed at bolstering economic ties among the three neighbouring nations. In meetings with Singapore’s Deputy Prime Minister Gan Kim Yong and Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto, Tengku Zafrul emphasised the shared commitment to deepening economic cooperation in the region. “Our main focus was to improve and deepen trilateral economic cooperation for our shared benefit,” he stated via his official X platform while currently on a working visit to Indonesia. Tengku Zafrul is part of a ministerial delegation accompanying Prime Minister Datuk Seri Anwar Ibrahim on his official visit to Indonesia. The delegation also includes Foreign Minister Datuk Seri Mohamad Hasan, Higher Education Minister Senator Datuk Seri Dr Zambry Abdul Kadir, Communications Minister Datuk Ahmad Fahmi Mohamed Fadzil and Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani. Tengku Zafrul noted that the discussions were held within the context of growing geopolitical uncertainty, with ASEAN’s strategic role taking centre stage in navigating an increasingly complex geoeconomic environment. Indonesia remained Malaysia’s sixth-largest global trading partner in 2024, and its second-largest within ASEAN. Bilateral trade between the two countries increased by 4.5 per cent to RM116.29 billion (US$25.5 billion), up from RM111.21 billion (US$24.39 billion) in 2023. According to a statement from the Foreign Ministry on Thursday, Prime Minister Anwar’s visit is a reciprocal gesture following Indonesian President Prabowo Subianto’s official visit to Malaysia earlier this year. The itinerary includes bilateral meetings and participation in the 46th ASEAN Summit, the Second ASEAN-GCC Summit, and the ASEAN-GCC-China Summit, held from 26 to 27 May. The visit also forms part of the preparatory framework for the upcoming 13th Annual Consultation between Malaysia and Indonesia, which is expected to take place later this year. -Bernama

News

SAMENTA Welcomes SST Revision as 75% of SMEs Exempted from Additional Tax

The Small and Medium Enterprises Association Malaysia (SAMENTA) has expressed strong support for the Ministry of Finance’s recent revision to the expanded Sales and Service Tax (SST), calling it a significant relief for small and medium-sized enterprises (SMEs). Datuk William Ng, President of SAMENTA, noted that the revised framework includes an increased annual sales threshold for the imposition of service tax on rental and financial services. This adjustment effectively exempts around 75 percent of SMEs from the additional eight percent tax under the newly expanded SST structure. “When the SST expansion was initially announced, SAMENTA was among the earliest to raise concerns, particularly regarding its potential implications for SMEs,” said Ng in a formal statement. He explained that the association had called on the government to raise the SST threshold as a means of safeguarding smaller enterprises while ensuring a broader and more equitable tax base. In a move aligned with public and industry sentiment, the Ministry announced that it would not proceed with the proposed extension of the service tax to include beauty-related services such as manicures, pedicures, facials, as well as services provided by barbers and hairdressers. All amendments to the expanded SST were made following extensive consideration of feedback from both the public and industry stakeholders. Ng conveyed appreciation to Prime Minister Datuk Seri Anwar Ibrahim for taking the concerns of the SME community into account and for directing the Ministry to revise the threshold upwards. “While we will continue to advocate for a tax policy that is balanced and conducive to SME growth, we consider this particular matter to be resolved and will not seek additional concessions with regard to the SST expansion,” he added. Ng also advised SMEs impacted by the revised SST measures to proceed with the necessary implementation steps and to approach the Royal Malaysian Customs Department for assistance where required. -Bernama

News

SK Group Eyes Exit from Malaysian Waste Firm Cenviro

SK Group is reportedly exploring the sale of its minority interest in Malaysian waste management company Cenviro Sdn Bhd, in a transaction that could value the firm at approximately US$300 million (RM1.27 billion), according to sources familiar with the matter. The South Korean conglomerate is understood to be working with a financial adviser to assess the potential divestment of its 30% stake in Cenviro. Discussions have taken place with potential buyers, including strategic players in the sector and private equity firms, sources said, requesting anonymity due to the private nature of the talks. SK Group, via its environmental unit SK ecoplant Co, acquired the stake in Cenviro in 2022 for an undisclosed amount. Cenviro’s majority shareholder is Khazanah Nasional Bhd, Malaysia’s sovereign wealth fund. While deliberations are ongoing, one of the sources indicated that SK may ultimately choose to retain its holding. Both SK ecoplant and Cenviro declined to comment on the matter when contacted. A potential exit from Cenviro would be consistent with SK Group’s broader strategic realignment away from waste management. South Korean media have reported that SK is also seeking to offload its waste-to-energy subsidiaries, Renewus and RenewOne. The group is currently undergoing a major restructuring effort following an extended period of acquisitions that has led to increased financial obligations. As part of this shift, SK is refocusing its core strategy around high-growth sectors, including artificial intelligence and semiconductor technologies. -Bloomberg

News

EcoWorld Malaysia Posts RM2.99 Billion Sales in Seven Months

Eco World Development Group Berhad (EcoWorld Malaysia) has achieved RM2.99 billion in sales over the first seven months of its financial year ending 31 October 2025 (FY25), reaching 85% of its full-year sales target. The robust performance underscores continued market confidence in the developer’s residential and industrial offerings. In a statement, EcoWorld Malaysia highlighted that developments in Iskandar Malaysia contributed RM1.67 billion or 56% of total group sales. Projects in the Klang Valley and Penang accounted for 34% and 10% respectively. For the second quarter ended 30 April 2025 (2Q25), EcoWorld Malaysia reported a significant surge in net profit to RM129.83 million, compared to RM70.05 million in the corresponding period last year. Quarterly revenue also rose sharply to RM878.20 million from RM555.76 million previously. The group’s performance over the six-month period ended 30 April 2025 continued this strong trajectory, with net profit rising to RM210.18 million from RM139.68 million a year ago. Revenue increased to RM1.42 billion, up from RM1.09 billion in the same period last year. As at 30 April 2025, EcoWorld Malaysia’s net gearing stood at 0.55 times, supported by a strong cash position. The group reported cash balances, including deposits and short-term funds, totalling RM1.76 billion—a record high. EcoWorld Malaysia also declared a second interim dividend of two sen per share during 2Q25, bringing total dividends declared to date for FY25 to three sen per share. The group’s industrial segment continues to show exceptional momentum. Sales under the Eco Business Parks and Quantum pillars reached RM1.20 billion as at 31 May 2025, already surpassing the full-year industrial sales of RM1.11 billion recorded in FY24. The strong performance has driven future revenue to RM5.22 billion, with additional cash inflows of over RM1 billion anticipated from the balance of five large-tract industrial land sales secured in FY24 and FY25. Meanwhile, Eco World International Berhad (EWI), which focuses on property development in the United Kingdom and Australia, returned to profitability in 2Q25. EWI posted a net profit of RM2.28 million, reversing a net loss of RM14.13 million in the same quarter last year. According to its Bursa Malaysia filing, the profit was largely attributed to a higher share of profits from its joint venture with EcoWorld-Ballymore, following a favourable product mix with stronger profit margins. EWI recorded no revenue during the quarter as all residential units in its Australian projects—West Village and Yarra One—were fully sold in FY24, leaving only one commercial unit unsold. For the six months ended 30 April 2025, EWI reported a narrowed net loss of RM1.46 million, compared to RM13.95 million a year earlier. The group is currently evaluating market conditions and development feasibility for its remaining sites in the UK and Australia before proceeding with any new launches. -The Star

News

Proton and Grab Malaysia Strengthen Partnership with New Models and E-Hailing Incentives

Proton Holdings Bhd and Grab Malaysia have expanded their strategic collaboration, incorporating a broader selection of Proton vehicles into Grab’s e-hailing fleet. The latest development includes the introduction of the Proton S70 and X-Series models, complemented by enhanced benefits designed to support driver-partners across the country. Building on the success of the “Saga Power Up for Grab Driver-Partners” campaign launched in November 2024, the initiative has already recorded 220 leads and resulted in 148 Proton Saga registrations. This positive uptake reinforces the appeal of Proton’s offerings within Malaysia’s growing e-hailing sector. The extended partnership further supports efforts to modernise the ride-hailing landscape by providing affordable, reliable, and better-equipped vehicles. Grab driver-partners now have access to a wider range of Proton models, including options under GrabCar Plus and GrabCar (6-Seater), allowing them to better tailor their services to varying customer demands. Under this initiative, driver-partners are entitled to a comprehensive range of incentives, including cash rebates of up to RM13,000, a five per cent discount on service costs for two years or 40,000 km, and RM500 in fuel support — all designed to reduce upfront costs and enhance long-term vehicle affordability. Proton Edar’s deputy director of sales, Ong Chee Wooi, emphasised the broader vision behind the collaboration, stating that the partnership represents a significant step forward in supporting gig economy workers. “Our strengthened partnership with Grab Malaysia marks a crucial step in empowering the e-hailing sector. Proton is thrilled to make our S70 and premium X-series models more accessible to Grab drivers. For gig workers, this comprehensive programme extends beyond exclusive benefits to assurance of driving Proton cars. Its reliability and affordable maintenance costs are important factors for those who use cars as their primary working tools,” he said. Grab Malaysia’s director of country operations and mobility, Rashid Shukor, echoed the sentiment, highlighting the collaboration’s role in enabling income generation while meeting rising consumer demand. “With the expansion of our partnership – now extending to the S70 and premium X-series models – drivers now have the chance to elevate their driving experience, upgrade their vehicles, and cater to an even broader consumer base. We look forward to continuing this journey together to build a future where opportunities are accessible to all,” he said. -The Star

News

Great Eastern’s Suspension of Pre-Authorisation at Mount Elizabeth Raises Patient Care Concerns

The president of the Singapore Medical Association (SMA) has voiced concern over Great Eastern’s recent decision to suspend the issuance of pre-authorisation certificates for policyholders seeking admission to Mount Elizabeth hospitals, warning that the move may disrupt continuity of care. Speaking to CNA in his capacity as a panel specialist with the insurer, Dr Ng Chee Kwan noted that the decision restricts patient choice and may dissuade policyholders from utilising services at Mount Elizabeth Orchard and Mount Elizabeth Novena. Great Eastern implemented the suspension on 17 June, citing the need to manage escalating healthcare costs and maintain long-term affordability for all policyholders. The insurer observed that certain private hospitals have been charging significantly higher fees for comparable treatments in recent years. Pre-authorisation is a process whereby an insurer provides approval for coverage before medical treatment is administered. This mechanism allows for direct billing between the hospital and insurer, reducing the need for patients to make substantial upfront payments for hospitalisation, surgical procedures, doctors’ fees, diagnostic tests and certain outpatient treatments. Dr Ng, who practises at Mount Elizabeth Novena, remarked that many policyholders may not be able to switch insurers easily due to the non-portable nature of Integrated Shield Plans. He added that although he is still able to admit patients to Great Eastern’s preferred hospitals, these facilities may not be suitable for major procedures due to limitations in available equipment. Dr Tan Yung Khan, a urologist with clinics in both Mount Elizabeth hospitals as well as Mount Alvernia Hospital, expressed similar concerns, highlighting the uncertainty now facing patients in relation to claims processing. This uncertainty, he said, could deter patients from seeking treatment at affected hospitals. While private doctors are typically accredited to practise across multiple facilities, Dr Tan noted that familiarity with a particular hospital’s operating environment enhances efficiency and may reduce the likelihood of errors. He stated that for complex surgeries, many doctors prefer to operate in facilities they trust and have previously worked in. Oncologist Dr Peter Ang, who practises at OncoCare Cancer Centre, described Great Eastern’s move as disheartening. He indicated that the change complicates the decision-making process for cancer patients, who now have to weigh financial considerations alongside urgent medical decisions. Although Dr Ang, who is also on Great Eastern’s panel, had not encountered any affected patients since the suspension, he explained that some patients may require hospital admission for tests or treatment, necessitating logistical adjustments across the group’s clinics, which also operate at Mount Alvernia and Gleneagles. Dr Tan said the immediate impact on his clinic has been limited due to the absence of Great Eastern patients scheduled for procedures at Mount Elizabeth. Nonetheless, he acknowledged that future patient decisions could shift toward hospitals offering more certainty around claim approvals, especially given the rising cost of private medical care. He added that while the move was unexpected, it was understandable given the upward trend in healthcare expenses. Dr Tan observed that cost control benefits all parties in the insurance ecosystem, including policyholders concerned about increasing premiums. In response to media queries, Great Eastern clarified that the suspension does not affect policyholders’ coverage or entitlements. Patients may still seek treatment at Mount Elizabeth hospitals. For scheduled procedures, the hospitals may issue an electronic Letter of Guarantee, which serves to waive or reduce the required deposit and assures partial payment from the insurer. The insurer emphasised that eligible claims will continue to be honoured following assessment and that pre-authorisation remains available for procedures at other private hospitals, including Mount Alvernia, Farrer Park, Gleneagles and Raffles. A medical care concierge service is also available to assist customers in identifying appropriate treatment options across both private and public sectors. Separately, Dr Ng commented on the removal of panel specialists, noting that Great Eastern reduced its panel more significantly than other insurers this year. According to Ministry of Health data, Great Eastern’s panel decreased by 52 specialists in 2024, representing a 15 per cent reduction. This was the largest contraction among insurers, with AIA recording a net drop of 13. Great Eastern responded that its annual panel review is aimed at ensuring quality care and alignment with Ministry of Health guidelines on reasonable fees. Despite the reduction, Great Eastern continues to maintain the third largest pool of panel specialists, with 779 practitioners. Dr Ng suggested that the insurer’s recent partnerships with selected hospitals might explain a decline in policyholder visits to his clinic. He expressed hope that discussions between Great Eastern and the affected hospitals would lead to a reinstatement of the pre-authorisation arrangement.

Scroll to Top

Subscribe
FREE Newsletter