This annual report has been prepared by HC Surgical Specialists Limited ("the Company") and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.
This annual report has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this annual report, including the correctness of any of the statements or opinions made, or reports contained in this annual report.
The contact person for the Sponsor is Mr. Pong Chen Yih, Chief Operating Officer, at 7 Temasek Boulevard, #18-03B Suntec Tower 1, Singapore 038987, telephone (65) 6950 2188.
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Our Services
24
Our Specialists
27
Our General Practitioners
30
Our Team
32
Locations of Clinics
34
Our Endoscopy Centres
35
Financial Contents
IBC
Corporate Information
CORPORATE
PROFILE
HC Surgical Specialists Limited operates a wide network of clinics
and endoscopy centres throughout Singapore, providing specialist healthcare at your doorstep in both residential
areas and central areas, making it conveniently accessible, with less waiting time and lower costs. As members of the same group, the clinics are dedicated to provide endoscopic procedures including gastroscopies and colonoscopies. Most of our clinics are equipped with the facilities to perform general surgery services with a focus on colorectal surgery procedures on site. Our endoscopy centres aim to provide maximum comfort, efficiency and safety to all our patients. Most of our clinics are also Medisave and Medishield Life accredited, enabling us to further enhance our services to our patients.
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ANNUAL REPORT 2023
CHAIRMAN'S
MESSAGE
HCSS aims to recruit more orthopaedic surgeons to strengthen the spectrum of the Group's medical services, thereby providing patients with more comprehensive care and medical services.
02
HC SURGICAL SPECIALISTS LIMITED
CHAIRMAN'S MESSAGE
DEAR SHAREHOLDERS,
On behalf of the Directors and Management of HC Surgical Specialists Limited ("HCSS" or "Company", and together with its subsidiaries, collectively, the "Group"), I am pleased to present the Annual Report for HCSS for the fnancial year ended 31 May ("FY") 2023.
FY2023 started with a good news as the Group won the tender process and was appointed by AIA Singapore Private Limited for a second 3-year term to provide colonoscopy screening services for their eligible policy holders. This is a testament to our standard of quality medical services, and the best reward for our hard work in the frst 3-year term. To better serve our patients, we opened an endoscopy centre in the Siglap area in December 2022, thereby further expanding our network of endoscopy centres in the heartlands around Singapore.
The Group's revenue and operational profts remained relatively consistent with the previous year, despite the continuous inflationary pressures and one of the Group's surgeons, Dr. Julian Ong, being suspended for 2 years with effect from 2 December 2022. This cannot be achieved without the dedication and efforts put in by all the doctors and staff of HCSS.
MOVING FORWARD
Moving forward, we are delighted to start the new fnancial year with the addition of an orthopaedic surgeon, Dr. Benjamin Seah. Dr. Seah is an experienced surgeon, having worked in public hospitals for more than 15 years, managing complex upper limb fractures, joint replacements and ligament injuries for the hospital. The addition of Dr. Seah signifes an important step to broaden the spectrum of the Group's medical services, which is in line with the Group's long-term plans for growth. HCSS aims to recruit more orthopaedic surgeons to strengthen this segment, thereby providing patients with more comprehensive care and medical services.
APPRECIATION
Last but not least, I would like to take this opportunity to thank our Shareholders, patients and business partners for their unwavering support to HCSS, my fellow Directors for their valuable insights throughout the past years, and the staff and Management for their dedication and commitment.
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ANNUAL REPORT 2023
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HC Surgical Specialists Ltd. published this content on 11 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 September 2023 03:26:03 UTC.
HC Surgical Specialists Limited is a Singapore-based investment holding company. The Companyâs subsidiaries are engaged in providing medical services. It is primarily involved in the provision of endoscopic procedures, including gastroscopies and colonoscopies and general surgery services, with a focus on colorectal procedures across a network of 16 clinics located throughout Singapore. Its businesses include facilities and clinics, and specialist surgeons and general practitioners. It operates a network of clinics located throughout Singapore, in both residential areas and central areas, which are accessible to the public for consultation. Its clinics have facilities needed to perform a range of procedures on-site, including endoscopic procedures and other minor surgical services. Its subsidiaries include Heah Sieu Min (Mt E) Pte. Ltd., Heah Sieu Min (Bukit Batok) Pte. Ltd., CKH (Farrer Park) Pte. Ltd., HC (Siglap) Pte. Ltd., HC (TPY) Pte. Ltd., Malcolm Lim Pte. Ltd. and other.