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SMG's talks with third party lapse; UOB Kay Hian still rooting for stock

Published Sat, Apr 17, 2021 · 05:50 AM

Singapore

HEALTHCARE services provider Singapore Medical Group (SMG) is no longer in talks with a third party regarding a possible transaction involving the company's shares.

But UOB Kay Hian (UOBKH) is still excited about prospects for the stock, noting SMG's "stellar growth prospects" in terms of "organic clinic growth, expansion overseas and telehealth".

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