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Temasek-backed Heliconia acquires 2% stake in HMI through S$11m placement

Singapore

TEMASEK-owned Heliconia Capital Management is acquiring a 2 per cent stake in Health Management International (HMI) through an S$11 million placement, which will help fuel the private healthcare player's expansion efforts.

HMI will issue 16.9 million new ordinary shares

sentifi.com

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