Thomson Medical now closer to spinning off real-estate business
RSP Holdings, wholly owned by Thomson Medical, has recommended that shareholders accept the offer made by RSP TopCo for RSP Holdings shares
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Michelle Quah
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Singapore
MAINBOARD-listed Thomson Medical Group has moved a step closer to hiving off its real-estate business in order to focus on developing and growing its healthcare business.
The independent directors of RSP Holdings - a wholly owned subsidiary of Thomson Medical - recommended on Tuesday that shareholders accept the pre-conditional voluntary general offer made by RSP TopCo Pte Ltd for all of the shares of RSP Holdings.
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