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HC Surgical Discloses M&A Deals in June-November Period

MT Newswires ·  {{timeTz}}

02:29 AM EST, 01/12/2022 (MT Newswires) -- HC Surgical Specialists (SGX:1B1) disclosed that it completed two acquisitions during the six-month financial period ended Nov. 30, according to a Tuesday bourse disclosure.

The medical services group on Aug. 23 acquired the remaining 49% stake in its unit Jason Lim Endoscopy and Surgery from Jason Lim Holdings and Jason Lim for SG$9.1 million ($6.7 million).

Following the acquisition, Jason Lim Endoscopy became a wholly owned unit of the company.

The company on Sept. 17 acquired the remaining 49% stake in its unit Medical L & C Services from Lai Junxu for SG$1.5 million. Following the acquisition, Medical L & C Services became a wholly owned subsidiary of HC Surgical Specialists.

Price (SGD): S$0.55, Change: S$0.00, Percent Change: 0.00%

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