SINGAPORE (Sept 20): HC Surgical Specialists entered into a sale and purchase agreement for the acquisition of a 50% stake in associate company Medical Services @ Tampines for $135,000.

Following the completion of the acquisition, MST has become a 83.33% subsidiary of the company.

Incorporated on March 17 2010, MST operates the only endoscopy and radiology clinic in the group that is located in the east. For the 12 months ended May, MST incurred a loss before tax of $55,000. As at May 31, MST’s net tangible liability was $78,000.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook