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HC Surgical acquires loss-making clinic for $0.7 mil

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HC Surgical acquires loss-making clinic for $0.7 mil

Michelle Zhu Published on Tue, Jan 02, 2018 / 5:42 PM GMT+8

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SINGAPORE (Jan 2): HC Surgical Specialists is acquiring a majority 51% stake in HMC Medical for a consideration of $673,000.

The proposed acquisition is in line with the group’s promise to bring “quality healthcare to your doorstep”.

HMC currently operates a clinic at Upper Thomson Road, where the group has no presence, thereby increasing the group’s reach and market share.

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