1. The company is subject to various operational, reputational, medical and legal risks associated with the operations of its healthcare services. An inability to provide quality healthcare catering to the needs of its customers could adversely affect its reputation, business prospects and financial performance.
2. The company is highly dependent on doctors, nurses and other healthcare professionals and its business will be impacted significantly if its are unable to attract / retain such professionals.
3. As a healthcare provider, the ongoing impact of the COVID-19 pandemic on its business and
operations is uncertain, may be significant and continue to have an adverse effect on its business, operations and its future financial performance.
4. Its business depends on the strength of its brand and reputation. Failure to maintain and enhance
its brand and reputation, and any negative publicity and allegations in the media against its, even if untrue, may adversely affect the brand, reputation and trust in, its services, which could result in a material adverse impact on its business, financial condition, results of operations and prospects.
5. Its may face challenges in further expanding its operations in cities its currently operate in or in other cities that its strategically intend to commence operations, which could have an adverse effect on its business prospects and future financial performance.
6. The failure to identify, understand and adapt to rapidly evolving technological advancements related to its medical equipment and technology could adversely affect its business prospects and financial performance.
7. If its fail to achieve favourable pricing from its suppliers or vendors, fail to negotiate favourable
terms with its doctors, or fail to pass on any cost increases to the customers, its business, financial condition and profitability may be adversely impacted.
8. Failure or malfunction of its medical or other equipment, could adversely affect its ability to conduct its operations. Its may also experience ambulance related risks.
9. Its new centres may experience delays in construction, development and completion, and may not achieve the synergies and other benefits its expect from such new centres.
10. All of its offices and its centres are located on leased premises or premises on a leave and license
basis. Any termination, or inability to renew or inability to terminate its agreements, or breach of its agreements by the counterparty, for its offices or centres may lead to disruptions in its operations and affect its business operations.