Brief: UMP Healthcare Entered Strategic Cooperation Agreement To Develop Healthcare Services
15/02/2023 09:44
Feb 15 (Reuters) - UMP Healthcare Holdings Ltd
0722.HK :
* ENTERED STRATEGIC COOPERATION AGREEMENT TO DEVELOP
COMPREHENSIVE
HEALTHCARE SERVICES IN HONG KONG AND MACAU
* UNIT AND ACTWISE ENTERED INTO INVESTMENT AGREEMENT
* ACTWISE SHALL INVEST IN 20% OF ISSUED SHARES OF PROCARE
TST AT
TOTAL INVESTMENT SUM OF APPROXIMATELY HK$11.6 MILLION
* CURRENTLY EXPECTED THAT TOTAL INVESTMENT SUM OF PROCARE
TST
SHALL BE APPROXIMATELY HK$58.0 MILLION
* UMP MEDICAL CENTRE SHALL HOLD 55% OF ISSUED SHARES OF
PROCARE
TST AND INVEST IN PROCARE TST AT TOTAL INVESTMENT SUM HK$31.9
MILLION
Further company coverage: 0722.HK
((Reuters.Briefs@thomsonreuters.com;))
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