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CHA takes larger stake in SMG to grow healthcare partnership

The move expands their combined healthcare networks to be key player in women's health in APAC

Singapore

CATALIST-LISTED healthcare play Singapore Medical Group (SMG) on Wednesday announced that it is deepening its partnership with CHA Healthcare Singapore, as the latter increases its stake in SMG from 6.8 per cent to 24.1 per cent.

The move will expand their combined healthcare networks to represent the largest fertility and women's health presence in Asia-Pacific.

CHA, an international subsidiary of Korean healthcare group CHA Health Systems, entered into a share purchase agreement to buy 83...

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