Raffles Medical Group Ltd.

Raffles Medical Group Ltd.

Raffles Medical Group Ltd.

Date Founded



585 North Bridge Road, No. 11-00, Raffles Hospital, Singapore, 188770, SGP

Type of Company


Employees (Worldwide)



Hospitals & Patient Services

Company Description

Raffles Medical Group (RMG) is a leading medical group and the largest private group practice in Singapore. As a fully integrated healthcare organisation, the Group owns and operates a network of family medicine clinics, a tertiary care private hospital, insurance services and a consumer healthcare division. Patients of the Group enjoy a continuum of care, from having their most basic healthcare needs met through the Group’s islandwide network of Raffles Medical clinics, to specialist and tertiary care at Raffles Hospital. Founded in 1976 with two clinics in central Singapore, RMG has grown consistently over the years to serve over one million patients today and 6,500 corporate clients including local and multi-national corporations and government agencies. Raffles Medical Group operates a network of 78 multi-disciplinary clinics across Singapore, and four medical centres in Hong Kong and Shanghai. The Group also manages the airport clinics in Singapore’s Changi International Airport and Hong Kong’s Chek Lap Kok International Airport. On top of managing common ailments like cough and cold, the network of clinics under Raffles Medical also offers health checks, travel health services and workplace health consultancy. The Group’s flagship, Raffles Hospital, is a tertiary hospital. Located in the heart of Singapore, Raffles Hospital offers a full complement of specialist services combined with advanced medical technology. Its 21 specialist centres meet a wide variety of medical needs such as obstetrics and gynaecology, cardiology, oncology and orthopaedics. As an extension of its healthcare services, the Group offers health financing under its subsidiary Raffles Health Insurance (RHI). The Group’s healthcare insurance specialist writes health insurance policies for both corporate groups and individuals. RHI is able to leverage on RMG's healthcare network to provide a seamless and superior service, where the health insurer and the healthcare provider are two halves of one integrated unit. Raffles Health, the Group’s consumer healthcare division, develops and distributes a full range of nutraceuticals, supplements, vitamins and medical diagnostic equipment for personal healthcare in Singapore and in the regional markets. Raffles Medical Group subscribes to the Institutional Group Practice Model, a mode of practice adopted by internationally renowned US medical institutions such as the Mayo Clinic. Through this model, specialists work as a team to provide patients the quality assurance of medical services that are integrated, peer reviewed and medically audited.

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Executives & Employees

Executive Chairman & Co-Founder

Chief Financial Officer

Chief Information Officer

General Manager Raffles Hospital

General Manager-Raffles Health Insurance

General Manager-Raffles Dental

General Manager Raffles Medical Singapore

General Manager Raffles Health Insurance

Secretary & Group Financial Controller

Group Commercial Director

Board of Directors

Executive Chairman & Co-Founder at Raffles Medical Group Ltd.

Executive Chairman at APS Asset Management Pte Ltd.

Vice Chairman at Asia Pacific Lottery Association

Former Chief Executive Officer-Food & Beverage at Fraser and Neave Limited

Former Chief Investment Officer at CapitaLand Ltd.

Former Group Deputy Chief Executive Officer at CapitaLand Ltd.

Chairman at Tropical Marine Science Institute

Associate Professor-Management & Organization at Nanyang Technological University - Nanyang Business School

Vice Chairman at Community Chest of Singapore

Former Chief Executive Officer at JTC Corporation

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Global Alpha Capital Management focuses exclusively on investments in small-cap equities on a global basis. The firm employs a core investment style that combines growth and value characteristics. Their investment approach is based on a fundamental, bottom-up security selection process. The investment strategies used are mainly long-term purchases (securities held for more than a year) with some short-term purchases (securities held for less than a year). The portfolio managers at Global Alpha believe that sales and profit growth are key determinants of value creation. Their fundamental approach seeks to identify companies with unrecognized and accelerating earnings growth potential. Bottom-up stock selection is based on global themes within a concentrated portfolio. Global Alpha's key investment themes can be exploited over the long-term and may include, among others, emerging market consumers, health care, technology, alternative energy, environment, outsourcing. The firm believes that diversification at multiple levels is critical to managing risk.^

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Part of BPCE SA, Mirova US LLC is a company headquartered in Boston, MA. The firm provides investment advice. It was founded in 2018. Jens Peers has been the CEO since then.

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ABSII invests with three key principles: team-based insight-sharing and decision-making; they do first-hand fundamental research; and their strong focus on ESG considerations can enhance long-term returns and reduce risk.

Recent Transactions
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Raffles Medical Group Ltd., Raffles SurgiCentre Pte. Ltd. purchase International SOS Pte Ltd. from AEA International Holdings Pte Ltd.

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Raffles Medical Group Ltd., Raffles SurgiCentre Pte. Ltd. purchase International SOS Pte Ltd. from Cobepa, AEA International Holdings Pte Ltd.

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Diamante Holdings Ltd. purchases Orchard Investment Holdings Pte Ltd. from Raffles Medical Group Ltd.


Sovereign level government authority

Key Stats and Financials As of 2019
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International SOS Pte Ltd. provides healthcare, medical assistance, and security services. Its solutions include tracking, staffing, training, clinics, travel security, occupational health, and consulting services. The company was founded in 1985 and is headquartered in Singapore.

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Former Group Deputy Chief Executive Officer at CapitaLand Ltd.

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Former Chief Executive Officer-Food & Beverage at Fraser and Neave Limited

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Executive Chairman & Co-Founder at Raffles Medical Group Ltd.

Pacific Edge Ltd. Biotechnology | Dunedin, New Zealand

Pacific Edge Ltd. engages in the discovery and commercialization of diagnostic and prognostic technology for the early detection and monitoring of cancer. It operates in the Commercial and Research segments. The Commercial segment involves the sales, marketing, laboratory, and support to run the commercial businesses worldwide. The Research segment engages in the research and development of diagnostic and prognostic products for human cancer. The company was founded on February 27, 2001 and is headquartered in Dunedin, New Zealand.

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