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<!DOCTYPE html><html lang="en"><head><meta charSet="utf-8"/><meta http-equiv="Content-Type" content="text/html; charset=UTF-8"/><title>Raffles Medical Group chairman ups stake to 55.592% </title><link rel="icon" href="/favicon.ico"/><meta name="viewport" content="width=device-width, initial-scale=1.0"/><meta property="fb:app_id" content="574477066371093, 1639591029671265"/><meta name="description" content="Following the transaction, Loo’s total stake in the group has risen to 55.592%. 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w-full px-0 lg:px-4"><span style="box-sizing:border-box;display:block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;padding-top:55.00000000000001%"></span><img alt="Raffles Medical Group chairman ups stake to 55.592% " src="https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/PEO_DR_LOO_CHOON_YONG_01_AC%20for%20insider_0_0_0_0_0.jpg?EzjkJa48PImdEN5bNXYv_5KmId8ZF.M2" decoding="async" data-nimg="responsive" class="object-cover cursor-pointer body-image-349912" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/></span></div><div class="px-4"><div class="border-l-2 border-l-gray-390 pl-2 mt-2 text-gray-600 font-normal text-[12px] resizer_image_caption">Following the transaction, Loo’s total stake in the group has risen to 55.592% from 55.554% previously. Photo: Albert Chua/The Edge Singapore</div><div class="jsx-38dfd35d1770c5fb"><div class="jsx-38dfd35d1770c5fb sticky top-[106px] z-30"><div class="jsx-38dfd35d1770c5fb absolute -right-11"><div class="fixed bottom-18 right-4 lg:static z-50 print:hidden"><div class="cursor-pointer"><div class="flex gap-x-0.5 w-30 absolute -left-17 gtm_font_resizer -z-40 hidden"><img class="mb-px gtm_font_resizer_increase" role="button" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/font_resizer_add.svg" width="32" height="32" border="0" alt="Font Resizer"/><img class="mb-px gtm_font_resizer_decrease" role="button" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/font_resizer_minus.svg" width="32" height="32" border="0" alt="Font Resizer"/></div><img class="mb-px gtm_font_resizer" role="button" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/font_resizer.svg" width="32" height="32" border="0" alt="Font Resizer"/></div><div class="sticky_sharethis_toolbox" data-url="/news/insider-moves/raffles-medical-group-chairman-ups-stake-55592" data-title="Raffles Medical Group chairman ups stake to 55.592% "><div class="flex flex-col custom_images"><div class="st-custom-button" data-network="whatsapp"><a class="addthis_button_whatsapp gtm_social_share_whatsapp"><img class="mb-px gtm_social_share_whatsapp" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/wa_share.svg" width="32" height="32" border="0" alt="Share to Whatsapp"/></a></div><div class="st-custom-button" data-network="facebook"><a class="addthis_button_facebook gtm_social_share_facebook"><img class="mb-px gtm_social_share_facebook" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/fb_share.svg" width="32" height="32" border="0" alt="Share to Facebook"/></a></div><div class="st-custom-button" data-network="linkedin"><a 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style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/><noscript><img alt="" sizes="100vw" srcSet="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 640w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 750w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 828w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 1080w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 1200w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 1920w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 2048w, https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg 3840w" src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/icons/like.svg" decoding="async" data-nimg="fill" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" loading="lazy"/></noscript></span></div><span>Follow us on <a target="_blank" rel="noreferrer" href="https://www.facebook.com/theedgesingapore" class="font-semibold underline gtm_follow_facebook">Facebook</a> and join our <a target="_blank" rel="noreferrer" href="https://edgesg.link/joinTelegram" class="font-semibold underline gtm_follow_telegram">Telegram</a> channel for the latest updates.</span></div><article class="jsx-38dfd35d1770c5fb"><div class="non-paywall"><div class="resizer_article_body "><p>Dr Loo Choon Yong, chairman and a substantial shareholder of Raffles Medical Group <span class="group inline-block mx-1"><a href=" http://www.theedgesingapore.com/askedge/sgx/stock/BSL" target="_blank"><span style="border-bottom:2px dashed" class="text-slate-500 gap-1 font-semibold text-[#5BC0F8] group-hover:text-[#007FDB] !important "><span>BSL </span></span></a><div id="gtm_stock_modal" class="absolute hidden lg:group-hover:gtm_stock-modal lg:group-hover:block bg-white ml-[-3%] w-64 h-54 max-w-64 p-3 shadow-md z-30 modal_hover"><div class="flex text-sm text-white"><div class="flex items-center w-fit font-semibold uppercase flex-none px-1" style="background-color:#305E98"><a href=" http://www.theedgesingapore.com/askedge/sgx/stock/BSL" class="mt-0.5 text-white gtm_click_stock undefined" target="_blank">BSL</a></div><a href=" http://www.theedgesingapore.com/askedge/sgx/stock/BSL" target="_blank" class="gtm_click_stock"><p class="ml-3 text-sm m-0 !important" style="color:#305E98">RAFFLES MEDICAL GROUP LTD.</p></a></div><p class="my-2 font-semibold text-sm border-b-2 border-solid m-0 !important">HEALTHCARE SERVICES</p><a href=" http://www.theedgesingapore.com/askedge/sgx/stock/BSL" target="_blank" class="gtm_click_stock"><img src="https://edgemarkets-transferred.s3.ap-southeast-1.amazonaws.com/nextjs_resources/ask_edge_logo.svg" alt="" class="p-1 w-2/3"/></a><a href=" http://www.theedgesingapore.com/askedge/sgx/stock/BSL" target="_blank" class="gtm_click_stock"><div class="flex mt-1"><p class="text-[#23A6C5] font-normal text-sm m-0 !important">More on Ask Edge</p><p class="ml-2 m-0 !important"><svg stroke="currentColor" fill="#23A6C5" stroke-width="0" viewBox="0 0 512 512" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path d="M464 256c0-114.87-93.13-208-208-208S48 141.13 48 256s93.13 208 208 208 208-93.13 208-208zM212 147.73L342.09 256 212 364.27z"></path></svg></p></div></a></div></span>, has acquired 700,000 shares for $602,000, or 86 cents apiece. </p></div><p class="resizer_article_body ">The shares were bought via the market on Nov 26.</p><p class="resizer_article_body ">Following the transaction, Loo’s total stake in the group has risen to 55.592% from 55.554% previously. </p><p></p> <div class="z-0 hidden"><div class="adunitContainer"><div class="adBox"></div></div></div><p class="resizer_article_body ">On Nov 22, Loo also bought another 1 million shares for $861,000, or 86.1 cents per share. </p><p class="resizer_article_body ">Shares in Raffles Medical Group closed 0.5 cents lower, or down 0.58%, at 85.5 cents on Nov 27.</p></div></article><div class="flex items-center py-4.5 border-y w-full border-y-gray-380 mt-6"><div class="flex flex-wrap gap-2 "><span class="text-sm font-normal">TAGS</span><div class="flex items-center bg-blue-400 font-semibold text-white uppercase text-xs px-1 print:px-0 w-fit " data-testid="flash_category"><a href="/tags/insider-moves" class="mt-0.5 undefined">insider moves</a></div><div class="flex items-center bg-blue-400 font-semibold text-white uppercase text-xs px-1 print:px-0 w-fit " data-testid="flash_category"><a href="/tags/raffles-medical-group" class="mt-0.5 undefined">Raffles Medical Group</a></div><div class="flex items-center bg-blue-400 font-semibold text-white uppercase text-xs px-1 print:px-0 w-fit " data-testid="flash_category"><a href="/tags/dr-loo-choon-yong" class="mt-0.5 undefined">Dr Loo Choon Yong</a></div></div></div></div><div class="jsx-38dfd35d1770c5fb hidden lg:block lg:mt-6 print:hidden"><h2 class="text-lg font-bold "><span class="jsx-38dfd35d1770c5fb resizer_see_also_desktop_title">Related News</span></h2><div class="jsx-38dfd35d1770c5fb grid grid-cols-3 gap-6 mt-4 mb-10"><div class="py-4 gtm_related_stories" data-testid="teaser-type-1"><a href="/capital/insider-moves/cortinas-lim-family-raises-stake-married-deal-290-each" class="gtm_related_stories "><span 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class="object-cover" loading="lazy"/></noscript></span></a><div class="flex flex-nowrap items-start gap-2 mt-3 mb-2"><div class="flex items-center bg-blue-400 font-semibold text-white uppercase text-sm px-1.5 print:px-0 w-fit " data-testid="flash_category"><a href="/flash-categories/insider-moves" class="mt-0.5 undefined">Insider moves</a></div></div><a href="/capital/insider-moves/cortinas-lim-family-raises-stake-married-deal-290-each" class="text-[14px] lg:text-[16px] font-semibold mt-4 resizer_see_also_desktop_article_title gtm_related_stories">Cortina's Lim family raises stake via married deal at $2.90 each</a><div class="text-[#5D5D5D] my-2"></div><div class="flex flex-wrap gap-x-2 text-[12px] lg:text-[14px] font-normal mt-2 text-gray-450 resizer_see_also_desktop_article_meta"><span>by The Edge Singapore </span><span>•</span> November 26, 2024</div></div><div class="py-4 gtm_related_stories" data-testid="teaser-type-1"><a 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loading="lazy"/></noscript></span></a><div class="flex flex-nowrap items-start gap-2 mt-3 mb-2"><div class="flex items-center bg-blue-400 font-semibold text-white uppercase text-sm px-1.5 print:px-0 w-fit " data-testid="flash_category"><a href="/flash-categories/insider-moves" class="mt-0.5 undefined">Insider moves</a></div></div><a href="/news/insider-moves/accrelist-executive-chairman-buys-more-shares-ups-stake-2633" class="text-[14px] lg:text-[16px] font-semibold mt-4 resizer_see_also_desktop_article_title gtm_related_stories">Accrelist executive chairman buys more shares; ups stake to 26.33% </a><div class="text-[#5D5D5D] my-2"></div><div class="flex flex-wrap gap-x-2 text-[12px] lg:text-[14px] font-normal mt-2 text-gray-450 resizer_see_also_desktop_article_meta"><span>by Ashley Lo</span><span>•</span> November 25, 2024</div></div><div class="py-4 gtm_related_stories" data-testid="teaser-type-1"><a href="/news/insider-moves/dbs-buys-675000-units-clint-07-mil" 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"}],"description":"text with stock tag"},{"type":"text","content":"The shares were bought via the market on Nov 26.","description":""},{"type":"text","content":"Following the transaction, Loo’s total stake in the group has risen to 55.592% from 55.554% previously. ","description":""},{"type":"text","content":"On Nov 22, Loo also bought another 1 million shares for $861,000, or 86.1 cents per share. ","description":""},{"type":"text","content":"Shares in Raffles Medical Group closed 0.5 cents lower, or down 0.58%, at 85.5 cents on Nov 27.","description":""}],"category_id":"47303","category":"Insider moves","category_url":"/flash-categories/insider-moves","cover_uri":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/PEO_DR_LOO_CHOON_YONG_01_AC%20for%20insider_0_0_0_0_0.jpg?EzjkJa48PImdEN5bNXYv_5KmId8ZF.M2","mp3_uri":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/text_to_speech/tts_349912_1167030876.mp3","mp3_duration":"59.11","author":"Ashley Lo","created":"1732713140","alias":"/news/insider-moves/raffles-medical-group-chairman-ups-stake-55592","updated":"1732713299","social_media_caption":"Following the transaction, Loo’s total stake in the group has risen to 55.592%. ","author_id":218423,"is_advertorial":false,"related_article":null,"image_caption":"Following the transaction, Loo’s total stake in the group has risen to 55.592% from 55.554% previously. Photo: Albert Chua/The Edge Singapore","is_premium":false,"is_force_paywall":null,"dt_created_iso":"2024-11-27T21:12:20+08:00","dt_updated_iso":"2024-11-27T21:14:59+08:00","date_format":{"date1":"Wed, Nov 27, 2024","date2":"11/27/2024","time":"09:12 PM GMT+08"},"date":"November 27, 2024","reading_time":1,"author_link":"\u003ca href=\"/authors/Ashley-Lo\" target=\"_blank\"\u003e\u003cspan class=\"article-author\"\u003eAshley Lo\u003c/span\u003e\u003c/a\u003e","author_url":"/authors/Ashley-Lo","author_image":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/photo_profile/IMG_4545-2.jpg?HZAx1pgnE_wqDVeS4bexNcQczVN.sPn_","tags":[{"tid":"15757","name":"insider moves","urls":"/tags/insider-moves"},{"tid":"1514","name":"Raffles Medical Group","urls":"/tags/raffles-medical-group"},{"tid":"42886","name":"Dr Loo Choon Yong","urls":"/tags/dr-loo-choon-yong"}],"related_story":[{"nid":"349860","title":"Cortina's Lim family raises stake via married deal at $2.90 each","category":"Insider moves","category_url":"/flash-categories/insider-moves","author":"The Edge Singapore ","created":"November 26, 2024","alias":"/capital/insider-moves/cortinas-lim-family-raises-stake-married-deal-290-each","cover_uri":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/BLD_CORTINA_WATCH_%40_PARAGON_03_AC_0.jpg?5_LdaisUqUbKAWf6PdLCbotxpqSAAgEX","author_id":0,"reading_time":1,"author_url":"/authors/The-Edge-Singapore"},{"nid":"349834","title":"Accrelist executive chairman buys more shares; ups stake to 26.33% ","category":"Insider moves","category_url":"/flash-categories/insider-moves","author":"Ashley Lo","created":"November 25, 2024","alias":"/news/insider-moves/accrelist-executive-chairman-buys-more-shares-ups-stake-2633","cover_uri":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/Terence%20Tea%20Accrelist_0.jpg?fp1aIkzEJTXabXtidKN_E.4gReijxGlM","author_id":218423,"reading_time":1,"author_url":"/authors/Ashley-Lo"},{"nid":"349829","title":"DBS buys 675,000 units in CLINT for $0.7 mil","category":"Insider moves","category_url":"/flash-categories/insider-moves","author":"Ashley Lo","created":"November 25, 2024","alias":"/news/insider-moves/dbs-buys-675000-units-clint-07-mil","cover_uri":"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/Image%201%20-%20International%20Tech%20Park%20Bangalore%20%281%29_1_2_1_0.jpg?bxGHRACfwiFYCRgbH8ERpsUXPRVybGQe","author_id":218423,"reading_time":1,"author_url":"/authors/Ashley-Lo"}],"next_article":["349860","349835","349834","349829","349828","349721","349697","349691","349658","349628","349517","349443","349406","349333","349284","349222","349179","348909","348677","348676"]}}},"stockTickerAdvResponse":false,"section":"news","host":"https://www.theedgesingapore.com","apiUrl":"http://tes-web/","deviceType":"desktop","os":"Windows","baypassPremiumContent":{"hasAccessToPremium":false,"redirectTo":null}},"__N_SSP":true},"page":"/[section]/[category]/[slug]","query":{"section":"news","category":"insider-moves","slug":"raffles-medical-group-chairman-ups-stake-55592"},"buildId":"UYSABVj648dQ7KOwIslim","isFallback":false,"dynamicIds":[45023,92858,25813,31890],"gssp":true,"scriptLoader":[]}</script><script>(function(){function c(){var b=a.contentDocument||a.contentWindow.document;if(b){var d=b.createElement('script');d.innerHTML="window.__CF$cv$params={r:'8e96b3171cd65fa8',t:'MTczMjc1ODU0Ny4wMDAwMDA='};var a=document.createElement('script');a.nonce='';a.src='/cdn-cgi/challenge-platform/scripts/jsd/main.js';document.getElementsByTagName('head')[0].appendChild(a);";b.getElementsByTagName('head')[0].appendChild(d)}}if(document.body){var a=document.createElement('iframe');a.height=1;a.width=1;a.style.position='absolute';a.style.top=0;a.style.left=0;a.style.border='none';a.style.visibility='hidden';document.body.appendChild(a);if('loading'!==document.readyState)c();else if(window.addEventListener)document.addEventListener('DOMContentLoaded',c);else{var e=document.onreadystatechange||function(){};document.onreadystatechange=function(b){e(b);'loading'!==document.readyState&&(document.onreadystatechange=e,c())}}}})();</script></body></html>