KUALA LUMPUR: LYC Healthcare Bhd
's wholly-owned subsidiary LYC Medicare Sdn Bhd (LYC MY) has entered into a conditional sale and purchase agreement (SPA) with Kenanga Investors Bhd (KIB) for the divestment of 6.53 million ordinary shares in LYC Medicare (Singapore) Pte Ltd (LYC SG) for S$12.9 million (RM39.9 million).
The proposed divestment represent 25 per cent of the shares.
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