Boustead buys entire WhiteRock medical group for S$19m
Add BT as a preferred sourceSingapore
BOUSTEAD Singapore announced on Thursday it has entered into a sale-and-purchase agreement with WhiteRock Medical Company (WhiteRock MedCo) to fully acquire WhiteRock Incorporation (WRI), a group of 16 healthcare corporations operating in Singapore, China, Hong Kong, Malaysia and Thailand, for S$19.02 million.
Boustead said the acquisition's value was arrived at after taking into account WRI's adjusted unaudited net asset value and net tangible asset value, as well as its historical financial performance and future business prospects.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
In a world of long-drawn crises, ‘wait and see’ may be a decreasingly tenable stance
SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares
The returnees: Inside China’s AI talent reversal
