Epicentre in RTO deal with medical aesthetics player

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.