LYC Healthcare acquires 51% stake in T&T Medical Group


In a filing with Bursa Malaysia yesterday, LYC said the acquisition will provide a platform for business growth, as well as to expand its range of healthcare services and market presence.

PETALING JAYA: LYC Healthcare Bhd, via its wholly-owned subsidiary LYC Medicare Sdn Bhd, has acquired a 51% stake in Singapore-based T&T Medical Group Pte Ltd for RM22.27mil, as part of its move to grow its healthcare service segment.

In a filing with Bursa Malaysia yesterday, LYC said the acquisition will provide a platform for business growth, as well as to expand its range of healthcare services and market presence.

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