Singapore, 18 May 2018 – Fullerton Healthcare Corporation Limited (“Fullerton Health”), a leading vertically integrated healthcare platform in Asia Pacific, is pleased to announce that following the announcement on 11 December 2017, the pre-conditions for completion of the acquisition of a 60% stake in the Intellicare Group have now been satisfied and completion has taken place. The acquisition marks Fullerton Health’s entry into the Philippines, an important market in Asia Pacific underpinned by attractive underlying growth drivers.
Intellicare attended the launch of the University of the Philippines Resilience Institute (UPRI) at the Bahay ng Alumni, UP Diliman campus on June 20, 2017.
Headed by UP President Danilo Concepcion and UPRI Executive Director Alfredo Mahar Francisco Lagmay, the event focused on the integration of National Operational Assessment of Hazards (NOAH), a program of the Department of Science and Technology (DOST), as the institute’s core component. Guests of honor included Senator Loren Legarda and Albay 2nd District Representative Joey Sarte Salceda.
Lagmay emphasized that data and information for disaster prevention, response, and mitigation must always be free and accessible to the public. With these information communicated in an effective way, the public can develop a “culture of preparedness.”
According to DOST, Project NOAH aims to undertake disaster science research and development, advance the use of cutting edge technologies and recommend innovative information services in government’s disaster prevention and mitigation efforts through a multi-disciplinary approach and partnerships with the academe and other stakeholders.
Intellicare intends to use NOAH to improve its disaster preparedness initiatives nationwide.