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Thomsan Medical Centre Fertilized Egg Wrongly...

makapaaa

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From:
1st Class = Emeritus Foreign Thrashes (BabaEro11) <nobr></nobr>
Oct-2 8:54 pm
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73619.1

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Rich sided the Rich.
Who owns Thomson Medical Centre ?
I am sure you can guess he is a $ Billionaires who started work using a land line telephone.
.........
http://www.straitstimes.com/breakin...ical-centre-not-liable-childs-upkeep-20131003
IVF mix-up: Medical centre not liable for child's upkeep

Court rules that birth of healthy child cannot be the subject of damages


Published on Oct 03, 2013
8:07 AM
Thomson Medical Centre is the first private hospital to set up an in-vitro fertilisation clinic in 1987. The High Court has rejected a bid by the mother of a baby born from an in-vitro fertilisation (IVF) mix-up to get those responsible to pay for raising the child. The case involves Thomson Medical, its fertility centre and two embryologists for negligence. -- ST FILE PHOTO: CHEW SENG KIM
By K.C. Vijayan Senior Law Correspondent
The High Court has rejected a bid by the mother of a baby born from an in-vitro fertilisation (IVF) mix-up to get those responsible to pay for raising the child.
Assistant Registrar David Lee, while admitting that this was "a thorny issue that has plagued" the courts, ruled that as a matter of public policy, the birth of a healthy child cannot be the subject of damages. But he made it clear that the defendants will not go "scot-free" if they are responsible for the mistake.
The woman is suing Thomson Medical, its fertility centre and two embryologists for negligence.
In 2010, she went to its fertility centre for IVF treatment, but a stranger's sperm - instead of her husband's - was used to fertilise her extracted eggs. Thus the girl she gave birth to is biologically unrelated to her husband.
 
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makapaaa

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[h=3]Peter Lim mops up over 91% of Thomson Medical[/h]<!--end post_title -->03 December 10 The Business Times by Chen Huifen
<!--end post_info -->THE route towards a delisting from the Singapore Exchange (SGX) appears to be set for Thomson Medical Centre, whose public float has fallen below the 10 per cent threshold required for continued listing.
By yesterday, its new owner Peter Lim had amassed 91.41 per cent of the healthcare services provider. And he still has about a week to go before his general offer closes on Dec 10.
The former 'remisier king' triggered a mandatory general offer in late October when he bought a 39.34 per cent stake in the obstetrics and gynaecology (O&G) centre from the founding Cheng family. The offer, at $1.75 a share, values Thomson Medical at $513 million.
In the past few weeks, Mr Lim has been raising his stake in Thomson Medical, through acquisitions in the open market as well as from accepting shares tendered in response to his cash offer.
Analysts had anticipated that shareholders would accept the offer, given that it represents a 30 times price-to-earnings ratio. Thomson Medical's historical average price-earnings ratio was about 15 times. The offer price was also a 62 per cent premium to Thomson Medical's share price before the announcement of Mr Lim's offer was made.
While Mr Lim has expressed his confidence in the hospital's 'potential to develop further as a regional healthcare company', he is keeping his plans close to his heart. It is not clear if he will seek synergies between Thomson Medical and other healthcare-related stocks he has invested in, such as TMC Life Sciences Bhd in Malaysia.
Thomson Medical posted a 24.2 per cent jump in full-year net profit to $15.88 million for the 12 months ended August. Revenue rose 21.2 per cent to $81.67 million.
 
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