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Templewater Announces Entering into Definitive Agreements to Acquire OncoCare Medical and Novena Heart Centre
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(24 October 2023, Singapore) — Templewater is pleased to announce that it has signed definitive agreements to acquire OncoCare Medical (“OncoCare”) and Novena Heart Centre (“NHC”), two prominent private specialty clinic groups in Singapore.

OncoCare, founded in 2007, operates a network of seven clinics in Singapore and brings together 13 specialist oncologists across tumour-site disciplines.

NHC, also founded in 2007, maintains three clinics and comprises a team of five cardiologists and a visiting cardiothoracic surgeon, offering both inpatient and outpatient cardiology care.

Cliff Zhang, Founding Partner and CEO of Templewater, remarked that this marks Templewater’s first investment in the healthcare sector and underscores its commitment to deploying capital into high-quality healthcare assets across Asia.

Templewater intends to support the OncoCare and NHC medical teams with resources, capital, and operational capabilities to expand their practices regionally.

Read the full announcement on Templewater

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Corporate Headquarters:
501 Orchard Road, #19-02 Wheelock Place, Singapore 238880

Copyright © 2025 Tamarind Health. All rights reserved.