236:-listed medical equipment manufacturer in South Korea to develop their own research and manufacturing arm of the group. They also took interests in healthcare companies in Taiwan as well as the PPP chain of clinics in Singapore, renaming it to NOVU and NOVU Genesis. Prior to founding Novena Global, Terence and Nelson co-founded DORR Group, an Asia-based private equity group which invested in the consumer, internet, media and healthcare spaces. BT had reported that at least two entities - Novena Global Healthcare Pte Ltd and Novena Life Sciences Pte Ltd - set up in 2016 and 2018 respectively, have not filed annual returns, which include financial statements, since they were incorporated.
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January 2018, Novena Global launched its new flagship clinic concept, NOVU Genesis. "NGHG is not wholly owned by the Lohs. The majority of the beneficial interest in NGHG is ultimately held by individual, private and institutional investors," said the board, adding that the firm is "wholly unconnected and unrelated to the
Bellagraph Nova Group or Axington Ltd, and any of the allegations made in relation to the conduct of Nelson and Terence Loh" in the management of these entities.
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The Group and its founders have been involved in many publicly reported controversies in 2020, from doctoring Obama photos used in publicity materials, to having police reports filed by a public accounting firm on alleged falsified signatures on financial statements. Due to the controversy, investors
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lodged a police report alleging unauthorized use of its signatures on Novena Global Cayman Group's financial statements. The
Singapore police has said it is looking into the matter. NGHG's board said that it plans to appoint solicitors and will fully cooperate with the authorities investigating the
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The Group provides predictive care through health screenings for early detection of diseases and nutritional supplements. In
November 2017, the company acquired four specialist eyecare centers in Singapore. Two of the centers, Total EyeCare Center at Orchid Hotel and a branch in Jurong East, were
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Novena Global
Lifecare Group was founded in 2016 by cousins Terence Loh and Nelson Loh, both former investment bankers at J.P. Morgan. Nelson found the idea of forming a medical aesthetic group when he found that his mother’s medical aesthetic bills running into thousands of dollars. One of their
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NOVU is the flagship brand of Novena Global
Lifecare Group with over 40 clinics in Asia including Singapore, Malaysia, Indonesia, China, South Korea, Myanmar and Spain. The clinic chain specialises in providing aesthetic and wellness services to the masses. It also manufactures and distributes a
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to launch Equal Beauty, a fragrance free line of skincare products designed for all skin types and races. Equal Beauty is a luxury
Australian travel skincare brand suited for the modern jet setting woman. In November 2017, Novena Global opened a clinic in Madrid in Spain under the NOVU brand. In
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Novena Global provides rejuvenating care through aesthetic and wellness services, skin and body care products and post-natal care. Its flagship brand is NOVU Medical
Aesthetic Clinic, with 50 clinics in Singapore, Malaysia, Indonesia, China, Korea and Spain In May 2017, the group partnered with
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In
November 2017, the group announced that it will acquire majority stake of Taiwan healthcare provider, Hexin Group, the third-largest healthcare screening provider in Taipei, to manage the health screening services at Taipei Medical University Hospital, Taoyuan General Hospital, China Medical
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owned by Gerard Chuah, a private eye surgeon specializing in vitreoretinal surgery. The other two clinics, Specialist Eye and
Eyelids Clinic at Novena and The Eye and Aesthetics Clinic in Suntec City, were previously owned by Chuah Chin Tek.
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Nelson Loh and
Terence Loh has since parted ways and gone on to their own separate businesses. Both have announced in October 2020 that Nelson Loh is no longer involved in Novena Global Lifecare Group in any capacity.
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pull out their investments in entities under the Novena Global Healthcare Group. Its cofounder Nelson Loh has been approached by the Singapore Police and has yet to respond publicly. Responding to a query by
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365:"Roulette spin leads cousins to leave jobs, now they run Asia's largest medical aesthetics chain | The Peak Singapore - Your Guide to The Finer Things in Life"
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309:(Acra) is investigating all the Group-related entities. Terence Loh gave a statement to the police. The police had also visited his home for investigation.
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In 2019, Novena Global Healthcare Group appointed Lim Cheok Peng as Senior Advisor and Kenneth Thean as Senior Medical Director.
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522:"NOVENA GLOBAL HEALTHCARE GROUP SETS ITS SIGHTS ON NEW PHASE OF GROWTH AS GLOBAL MEDICAL PLATFORM LEADER WITH NEW APPOINTMENTS"
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199:. The group provides skin and body care and wellness services and products. Presently, the group has 100 clinics in
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668:"Novena Global Healthcare board distances itself from Loh cousins, sets up panel to probe 'forged' accounts"
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497:"Novena Global Lifecare partners China's Sinopharm Capital and Cedarlake Capital | The Straits Times"
807:"Rocked by allegations, Novena Global Healthcare board takes over running of firm from Loh cousins"
456:"Roulette spin leads cousins to leave jobs, now they run Asia's largest medical aesthetics chain"
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597:"HealthInvestor Asia - Article: Singapore: Novena makes acquisitions in Singapore and Taiwan"
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785:"Acra expands probe to all registered entities linked to Loh cousins behind Newcastle bid"
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579:"Novena Global buys 4 Singapore eyecare clinics, majority stake in Taiwan's Hexin Group"
546:"Novena Global buys 4 Singapore eyecare clinics, majority stake in Taiwan's Hexin Group"
727:"S'pore-registered firm close to buying Newcastle United admits doctoring Obama photo"
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In July 2017, the company announced plans for a potential future US$ 150mm Taiwan
709:"Causes Briefs: Aesthetic clinic raises money for ST School Pocket Money Fund"
763:"Nervous investors want out as Lohs' Bellagraph controversy raises questions"
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391:"Novena Global Lifecare plans Taiwan IPO to raise US$ 150 million - Reuters"
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745:"EY files police report on Dorr Group-owned Novena Global Healthcare Group"
564:"Singapore: Novena Global Lifecare Group to pursue $ 150m Taiwan IPO"
471:"Singapore-based Novena Global Lifecare goes for US$ 150m Taiwan IPO"
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616:"Cousins aim to create homegrown Singapore brand that can go global"
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acquired a stake in Novena Global Lifecare for US$ 20 million.
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The Peak Singapore - Your Guide to The Finer Things in Life
653:"China's Cederlake Huarong invests in SG's Novena Global"
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339:"Novena Global Lifecare Group's betting on aesthetics"
435:"Novena Global Lifecare goes for US$ 150m Taiwan IPO"
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860:Singaporean companies established in 2010
72:Learn how and when to remove this message
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33:contains content that is written like
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855:Health care companies of Singapore
577:Williams, Ann (16 November 2017).
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195:and aesthetic group operating in
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633:Kamarudin, Lena (20 May 2017).
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840:NOVU Medical Aesthetic Clinic
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285:NOVU Medical Aesthetic Clinic
276:Australian model and actress
249:Cedarlake Huarong Investment
189:Novena Global Lifecare Group
85:Novena Global Lifecare Group
469:hermesauto (31 July 2017).
243:. In January 2018, China's
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601:www.healthinvestorasia.com
232:early investments was a
635:"Just Right For Flight"
439:www.biospectrumasia.com
163:1.320528°N 103.842028°E
101:Terence Loh, Nelson Loh
191:is a Singapore based
182:Healthcare, aesthetic
54:neutral point of view
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501:www.straitstimes.com
168:1.320528; 103.842028
691:"Facing the future"
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46:promotional content
865:Singaporean brands
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695:The Business Times
639:The Business Times
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48:and inappropriate
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715:. 24 August 2017.
713:The Straits Times
550:The Straits Times
475:The Straits Times
458:. 3 January 2018.
421:The Straits Times
314:Ernst & Young
312:Accounting film,
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271:Rejuvenating care
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134:Headquarters
126:Legal status
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62:October 2018
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44:by removing
40:Please help
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506:21 February
166: /
151:1°19′13.9″N
142:Coordinates
849:Categories
325:References
106:Founded at
42:improve it
812:5 October
674:5 October
527:5 October
217:Indonesia
205:Hong Kong
203:, China,
201:Singapore
137:Singapore
110:Singapore
90:Formation
620:SGSME.SG
343:SGSME.SG
258:Overview
179:Services
480:20 June
401:20 June
375:20 June
349:20 June
227:History
193:medical
120:Private
98:Founder
234:KOSDAQ
209:Taiwan
129:Active
221:India
213:Korea
814:2020
793:2020
770:2020
676:2020
529:2020
508:2023
482:2018
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247:and
197:Asia
116:Type
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241:IPO
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