Annual Report 2005 - Parkway Pantai

Believing In Extending A Helping Hand To Those In NeedExemplifying the spirit of volunteerism, our Parkway hospitalsheld their annual Christmas Light-Up and Charity Drive thispast Christmas season, to collect funds for various charitybenefi ciaries. This fund raising initiative has been ongoingfor the last ten years.Beyond Singapore, our volunteers promptly reacted tothe devastating 2004 Boxing Day tsunami disaster thatclaimed the lives of many off the Indian Ocean. A 28-manteam of doctors, nurses and support staff from Parkway’sthree hospitals - East Shore, Gleneagles and MountElizabeth – left for Sri Lanka on New Year’s Day 2005. Theteam brought with them medicine, medical supplies andequipment to work in some of the worst affected areas.In February 2005, another mission headed for Indonesia toprovide medical relief and aid to the Aceh refugees.Then in October 2005, an earthquake measuring 7.6 onthe Richter scale unleashed its devastating powers ontoPakistan, India, and Afghanistan. This time, Parkwayorganised a 14-man team comprising four doctors,six nurses, two support staff and two logisticians, whoheaded for Pakistan to provide humanitarian aid to victimsthere. The team treated an average of 400 patients a dayduring their 11-day mission in Pakistan.Extending Our Beliefs To The RegionHaving established a strong presence in Singapore withour premier hospitals, Parkway is setting its sights on theoverseas market. Ultimately, we aim to leverage on ourspecialist knowledge and medical expertise to meet thegrowing need for medical excellence in the region.This year alone, Parkway took signifi cant strides to extendits footprint in Asia. This began with the joint ventureagreement between Parkway’s subsidiary Parkway-Healthcare (Mauritius) Ltd. and Apollo Hospitals EnterpriseLtd., to establish and operate a radio imaging centre inHyderabad, India.In June 2005, private equity fi rm, Newbridge Capital andAssociates acquired approximately 26% stake in ParkwayHoldings and this made it the fi rst major healthcareinvestment for Newbridge Capital in Singapore.24