UG Healthcare's Subsidiary to Boost Stake in UG Healthcare USA to 75%

MT Newswires

2025/01/23

UG Healthcare's (SGX:8K7) wholly-owned subsidiary, Unigloves, agreed to acquire another 25% stake in UG Healthcare USA, one of its downstream distribution networks in the US, from Patrick Stanton, according to a filing with the Singapore Exchange on Thursday.

The company will buy the stake for $500,000 raising its ownership to 75% from 50%. UG Healthcare USA will then become an indirect subsidiary of the company following the transaction.

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UG Healthcare USA will then become an indirect subsidiary of the company following the transaction.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6103","symbol_name":"医疗保健用品","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2505036586","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505036586","pubTimestamp":1737601294,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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