Asset Acquisitions and Disposals::INCORPORATION OF NEW SUBSIDIARY AND PROPOSED ACQUISITION

Issuer & Securities

Issuer/ Manager
SINGAPORE PAINCARE HOLDINGS LIMITED
Securities
SINGAPORE PAINCARE HOLDINGS LIMITED - SGXE51400773 - FRQ
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
20-Apr-2021 17:57:23
Status
New
Announcement Sub Title
INCORPORATION OF NEW SUBSIDIARY AND PROPOSED ACQUISITION
Announcement Reference
SG210420OTHR12BE
Submitted By (Co./ Ind. Name)
Dr. Lee Mun Kam Bernard
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
(I) INCORPORATION OF NEW SUBSIDIARY, MEDIHEALTH CLINIC PTE. LTD.;
(II) SHAREHOLDERS AGREEMENT ENTERED INTO WITH DR CHIA WAI TUCK, XAVIER IN RESPECT OF MEDIHEALTH CLINIC PTE. LTD.; AND
(III) SALE AND PURCHASE AGREEMENT ENTERED INTO WITH HEALTHGIVERS PTE. LTD. FOR THE PROPOSED ACQUISITION OF THE BUSINESS AND ASSETS OF HEALTHGIVERS PTE. LTD.

Please see attached.

Singapore Paincare Holdings Limited (the "Company") was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 30 July 2020. The initial public offering of the Company was sponsored by Novus Corporate Finance Pte. Ltd. (the "Sponsor").

This announcement has been prepared by the Company and reviewed by the Sponsor, in compliance with Rule 226(2)(b) of the SGX-ST Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Mr. Pong Chen Yih, Chief Operating Officer, 9 Raffles Place, #17-05 Republic Plaza Tower 1, Singapore 048619, telephone (65) 6950 2188.

Attachments

Announcement_SPCH_JV Bishan Acquisition.pdf
Press Release_SPCH_Expands Network with Acquisition of Medihealth Bishan Clinic.pdf
Total size =260K