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Town Health (3886) buys 27% of FOMT for HK$32m in shares (6.9%) of Town HealthCircular

Company announcement, 1-Jun-2009

The business of generating isotopes for PET scans had a pre-tax profit margin of 85% in the year to 31-Mar-2008 and 73% in the 10 months to 31-Jan-2009, which suggests a lack of competition in the sector. St Teresa's Hospital has a 6% minority interest in the subsidiary, First Oriental Cyclotron Ltd, which has a cyclotron in the hospital basement.

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