[Korea goyounghun financial newspaper reporter] Korean stem cell biotech company car car subsidiary Healthcare today announced that it has signed a 17 days Singapore Medical Group (SMG) Corp. stock purchase agreement, which is listed on the Singapore Stock Exchange. Primary health care is to invest SGD 1500 million to buy SMG, SMG buy new shares and 30 million shares of common stock issued in the primary health care. Primary health care rose in four and one minority shareholder holds a 8.8% stake in SMG's.
Through this equity acquisition, the two companies want to promote a number of strategic projects in Southeast Asia, including Singapore, Vietnam and bears joint strategic partnership.
Singapore area, and through the expertise and infrastructure of Koreans and Korean plans to establish clinics and gynecology field of CHA groups that provide outpatient and professional healthcare services to the residents and other foreign nanim plan for Reproductive Medicine and health-related services business. In Vietnam is planning to provide strategic operational support to local primary health care centers and living SMG aims to nanim establishment of women's specialty hospitals.
Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com
Friday, February 17, 2017
Primary health care, medical companies in Singapore shares acquired on 12 billion won
