Lifescan Imaging Pte. Ltd. announced that it has issued 1,000,000 shares at SGD 1 per share for gross proceeds of SGD 1,000,000 on March 15, 2016. The transaction included participation from existing investors including Singapore Medical Group Limited for 400,000 shares, Tony Tan Choon Keat for 99,000 shares, Beng Teck Liang for 99,000 shares, Wong Seng Weng for 100,000 and non-related individual investors for 302,000 shares.

The company's share capital will be increased SGD 4,500,000.