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Asiamedic Ltd acquires remaining 40 pct interest in Asiamedic Eye Centre Pte. Ltd.

Friday, 22 Aug 2014 05:21am EDT 

Asiamedic Ltd:Acquires remaining 600,000 shares representing 40 pct equity interest in capital of 60 pct-owned subsidiary, AsiaMedic Eye Centre Pte. Ltd. (AME), from minority shareholder of AME.Says for total cash consideration of S$1,500.As a result of acquisition, company’s shareholding in AME has increased from 60 pct to 100 pct, and AME is now whollyowned subsidiary of company. 

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