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Epicentre in RTO deal with medical aesthetics player

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Published Thu, Dec 11, 2014 · 09:50 PM

    Singapore

    EPICENTRE Holdings, a retailer of Apple brand products, has inked a binding term sheet to acquire businesses from Healthtrends Medical Investments and its subsidiaries for S$100 million via the issuance of new shares.

    If the deal gets through, it will constitute a reverse takeover (RTO) - marking a backdoor listing of businesses in medical wellness and cosmetic surgery.

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