Raffles Medical Group (RMG) opened an integrated medical centre in it's first property venture Raffles Holland V mall. http://www.straitstimes.com/business/companies-markets/raffles-medical-opens-new-facility-in-holland-v
Personally I am not keen about malls as I think there is an oversupply of shopping malls in Singapore. It will be interesting to see the occupancy rate of the mall when it is schedule to open in August this year.
However, the development of Raffles Hospital Shanghai which is schedule to complete in 2018 seems more promising to me. http://www.channelnewsasia.com/news/business/singapore/raffles-medical-to-build/1843778.html
Technically, Raffles Medical share price is currently supported at $1.485 and this base is currently above the 100-day Moving Average. The next support is at $1.445.
The resistance is at $1.520 and the 50-day Moving Average at about $1.550.
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