Econ Healthcare (Asia) Limited (Catalist:EHG) signed a conditional sale and purchase agreement to acquire Ambulance Medical Service Pte. Ltd. from Sim Kah Ming and Ong Ching See for SGD 8.8 million on November 29, 2023. SGD 7 million was paid as cash and Econ Healthcare (Asia) Limited also issued 8.91089 million shares for the transaction. The deal is subject to approval of shareholders Econ Healthcare (Asia) Limited and approval-in-principle from the SGX-ST for the listing and quotation of all the Consideration Shares.

Econ Healthcare (Asia) Limited (Catalist:EHG) completed the acquisition of Ambulance Medical Service Pte. Ltd. from Sim Kah Ming and Ong Ching See on March 5, 2024.