Phoenix Medical Group Pte. Ltd., a subsidiary of Livingstone Health Holdings Ltd., has agreed to acquire 100% of Wellington Pte. Ltd., which operates London $(MH)$ Clinic & Surgery in Hougang, for S$1.33 million in cash. The purchase price will be paid partly at completion and partly through deferred payments tied to receivables collection, profit targets for operating years ending February 2027 and February 2028, and the receipt of a new clinic licence, with completion expected on 1 March 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Livingstone Health Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 546CFNLJTWX0PILQ) on February 19, 2026, and is solely responsible for the information contained therein.