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Healthway Medical receives S$8.6m from Gateway

296m shares issued to Gateway at S$0.03384 each, Gateway-nominated Anand Kumar joins Healthway board

Singapore

HEALTHWAY Medical Corporation (HMC) has finally received the net proceeds of the first tranche of a S$70 million convertible notes deal with Gateway Partners to solve its immediate cash needs, such as paying doctors' and nurses' salaries.

The private clinic operator said

sentifi.com

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