AsiaMedic Amends Acquisition Terms After Service Agreement Termination

MT Newswires
2024-10-04

Healthcare firm AsiaMedic (SGX:505) has signed a supplemental agreement to amend the terms of its acquisition of AsiaMedic Astique The Aesthetic Clinic from LE Private Clinic, according to a Thursday filing on the Singapore Exchange.

The amendment follows the termination of the service agreement of AsiaMedic stakeholder Eileen Lew on Aug. 31 for personal reasons.

As part of the amended agreement, LE Private Clinic is required to return 25 million AsiaMedic scrip shares to the company.

The shares will be managed by regulatory guidelines, with plans for disposal or cancellation awaiting shareholder approval at the April 2025 annual general meeting.

Additionally, the vendor will transfer 10 million shares to Lew's account, waiving existing lock-up restrictions. The vendor can also initiate winding up operations after fulfilling certain conditions, with AsiaMedic set to settle outstanding amounts within 30 business days.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10