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SMG snaps up two clinics for S$23.5m to boost O&G services

Group will also buy additional 10% stake in general cancer service provider for S$2.92m

Published Fri, Apr 21, 2017 · 09:50 PM

Singapore

BESIDES acquiring two local paediatric clinics for S$23.5 million as Catalist-listed Singapore Medical Group (SMG) moves to complement its growing obstetrics and gynaecology (O&G) arm, it will also be buying an additional 10 per cent stake in a general cancer service provider for S$2.92 million.

In a filing to the Singapore Exchange (SGX) late Thursday, the multi-disciplinary specialist healthcare services provider said it would purchase Children's Clinic in Toa Payoh and the Kids Clinic in Bishan.

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