DC Healthcare acquires I Bella for RM70mil, announces bonus issue


DC Healthcare Holdings Bhd managing director Dr Chong Tze Sheng

KUALA LUMPUR: DC Healthcare Holdings Bhd has proposed to acquire the entire 100% stake in I Bella Sdn Bhd for RM70mil as part of the group's strategy to enhance its service offerings and market presence.

The acquisition comes with a profit guarantee for the financial years ending March 31, 2024, and 2025, with the vendors of I Bella assuring a minimum profit after tax (PAT) of RM5.2mil and RM6.2mil, respectively, the aesthetic medical services provider said in a statement.

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