02 Mar 2020

Acquisition of a 51% shareholding interest in Cornerstone Asia Health Pte. Ltd

Partner Hoon Chi Tern from Rajah & Tann Singapore acted for Asian Healthcare Specialists Limited ("AHS") in its acquisition of a 51% shareholding interest in Cornerstone Asia Health Pte. Ltd. for an aggregate consideration of approximately S$32 million comprising S$5 million in cash and approximately S$27 million in consideration shares in the capital of AHS.