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Gentle Care buys block of HMC convertible notes

Tue, Apr 25, 2017 - 5:50 AM

Chai Hung Yinchaihyn@sph.com.sg@ChaiHungYinBT

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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