Cengild turbo-boosting its growth post-IPO

TheStar Sat, Apr 30, 2022 08:20am - 1 year View Original


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FOR a healthcare provider with less than five years of operating experience and just one medical centre, one may wonder whether Cengild Medical Bhd has sought an initial public offering (IPO) too soon.

Also, with just six key consultants in Cengild contributing nearly 85% of its revenue, there are risks of over-relying on a limited pool of talent.

The loss of any of these consultants, without suitable and timely replacement, may cause Cengild to lose its patients or struggle to attract new patients.

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