Singapore Medical Group Limited (the company together with its subsidiaries, the group) announced that the company has on 7 October 2015 entered into a non-binding memorandum of understanding (MOU) with Cardioscan Pty Ltd. (Cardioscan) in relation to a proposed joint venture (the Joint Venture). Cardioscan recently launched services in Hong Kong. Pursuant to the MOU, the company and Cardioscan have agreed to explore the formation of a joint venture entity (the Joint Venture Entity) in Singapore which will engage in the provision of cardiac monitoring and reporting services in Singapore, Malaysia and Indonesia.
Singapore Medical Group Limited
Equities
5OT
SG1Y37945678
Healthcare Facilities & Services
1st Jan change | Capi. | |
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-16.43% | 17.03B | |
+4.50% | 12.61B | |
+4.48% | 11.73B | |
+2.50% | 10.17B | |
-2.68% | 7.81B | |
+21.65% | 7.25B | |
+4.48% | 6.66B | |
+46.09% | 4.51B | |
-5.47% | 4.27B |