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Gentle Care buys block of HMC convertible notes

Tuesday, April 25, 2017 - 05:50

Singapore

PRIVATE clinic operator Healthway Medical Corporation (HMC) now has two large shareholders, after Gateway Partners sold off S$15 million in face value of its S$60 million convertible notes to Lippo-linked Gentle Care, at about 20 per cent premium.

The purchase

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