PROJECT

Projects

Summary of Investment Information

Project Number

40383

Company Name

FULLERTON HEALTHCARE CORPORATION LIMITED

Date SPI Disclosed

Apr 19, 2018

Country

Philippines

Region

East Asia and the Pacific

Projected Board Date

May 25, 2018

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS Asia & Pac

Industry

Health, Education and Life Sciences

Previous Events

Approved : May 29, 2018
Signed : Sep 11, 2018
Invested : Oct 4, 2018

Sector

Other Medical

Project Description

Fullerton Health Philippines Holdings Corporation (“FHPC” or the “Company”) is a wholly owned subsidiary of Fullerton Healthcare Corporation Limited (“Fullerton Health”). The Company will acquire a 60% controlling stake in the Intellicare group of companies (“Intellicare”), a leading health maintenance organization (“HMO”) company in the Philippines, with a membership base of over one million lives. FHPC plans to establish a vertically integrated managed healthcare platform in the Philippines that will comprise Intellicare, as well as the roll out and acquisition of related healthcare providers (the “Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation