Livingstone Health Unit to Acquire Affinity Surgery Centre; Shares Down 3%
MT Newswires
Nov 21
Livingstone Health Holdings' (SGX:PRH) subsidiary, Living Stone Health, agreed to acquire a 20% stake in Affinity Surgery Centre for SG$470,000, according to a Friday filing with the Singapore Exchange.
Chen Chung Ming is the sole shareholder and director of Affinity Surgery Centre which provides multiple services to diagnose and carry out specialized treatments for various conditions.
Following the completion of the proposed acquisition, Affinity will become the company's associated company.
Shares of the company were down over 3% at the close of trading on Friday.
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