Singapore Medical to receive $4.5m from Kendall Court
Singapore Medical Group (SMG) will receive a SGD$5.6 million ($4.5 million) investment from Kendall Court, representing the private equity’s first foray into the healthcare sector.
SMG said on Friday in a statement to the Singapore Exchange that the board has agreed to issue 25.5 million cumulative redeemable convertible preference shares to Kendall Court at SGD0.219 each. The...
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