SINGAPORE (June 1): HC Surgical Specialists has announced the proposed acquisition of stakes in two medical-related companies – Medinex and Medical L & C Services (MLCS) – for a total of $5.4 million.

First, HC Surgical entered into a sale and purchase agreement with Jessie Low Mui Choo to acquire 49.0% equity interest in Medinex for a total consideration of $4.3 million.

Low holds 95% of the total issued shares in Medinex, a management and service provider for the medical clinics industry.

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