ISEC Healthcare Close to Finalizing Acquisition of Strate Title Units

MT Newswires

2024/09/23

ISEC Healthcare (SGX:40T) has fulfilled all conditions in a sale and purchase agreement for the redevelopment of an existing building in Malaysia into a medical center, according to Sept. 20 filing with the Singapore Exchange.

Under the terms of the deal, ISEC Healthcare will acquire certain strata title units in a new building for about SG$24.5 million.

The conditions for the deal included the purchaser's ability to obtain shareholder approval and a National Land Code from Malaysian authorities.

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