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Business

Offer to acquire firm which owns and manages medicare centres in M'sia-S'pore

SINGAPORE: Econ EQT Investment Pte Ltd has offered to acquire Singapore-listed China Healthcare Ltd , which owns and manages medicare centres and nursing homes in Singapore and Malaysia, valuing the firm at around S$80 million ($64 million).

China Healthcare's founder and Group Executive Chairman Ong Chu Poh is taking the company private along with a private equity group.

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