Related News
Eldercare market promising
PERENNIAL Real Estate Holdings Ltd agreed to acquire 49.9 percent of Shanghai RST Chinese Medical Co Ltd for 735.5 million yuan (US$110 million), as the Singapore-based integrated real estate and health care company eyes China’s eldercare market.
On completion of the investment, the Singapore-listed firm will become the single largest shareholder of Renshoutang, one of the largest privately-held eldercare firms in Shanghai. The Chinese firm runs retirement, nursing and rehabilitation homes, hospitals, daycare centers, pharmacies and traditional Chinese medicine clinics.
China faces a severe shortage of elder care facilities, said the Social Service Development Statistical Communique 2015 released earlier by the Ministry of Civil Affairs.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.