LYC Healthcare acquires 51% stake in Singapore's medical centre


KUALA LUMPUR: LYC Healthcare Bhd's wholly-owned subsidiary, LYC Medicare Sdn Bhd, has proposed to acquire a 51 per cent stake in HC Orthopaedic Surgery Pte Ltd (HCOS) from Chan Ying Ho and Beyond Wellness Group Pte Ltd for RM21.29 million.

In a filing with Bursa Malaysia, LYC Healthcare said upon completion of the exercise, expected by the fourth quarter of 2020, HCOS would become a 51 per cent-owned subsidiary of LYC Healthcare.

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