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Healthway Medical Corp Ltd (HEMC.SI)

HEMC.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Healthway Medical Corp says it received a non-binding draft indicative term sheet from Lippo China Resources
Monday, 20 Mar 2017 06:13am EDT 

Healthway Medical Corp Ltd - : On 17 March 2017, received a non-binding draft indicative term sheet from lippo china resources limited . Refers to straits times article dated 19 march 2017 titled "Healthway: a tale of how risky loans made a firm sick" . Term sheet for principal amount of s$10 million for a tenure of 12 months. .Term sheet in relation to a proposed interim financing plan to address company's current payroll requirements.  Full Article

Lippo China Resources makes takeover offer for Healthway Medical for S$103.3 mln
Tuesday, 7 Feb 2017 08:33pm EST 

Lippo China Resources Ltd <0156.HK> : Says Gentle Care Pte Ltd intends to make a voluntary conditional cash offer for all issued and paid-up ordinary shares in capital of Healthway .On basis of offer price, entire share capital of Healthway in issue valued at approximately S$103.3 million.  Full Article

Lippo China Resources makes takeover offer for Healthway Medical for S$103.3 mln<0156.HK>
Tuesday, 7 Feb 2017 06:10pm EST 

Lippo China Resources Ltd <0156.HK> : Says Gentle Care Pte Ltd intends to make a voluntary conditional cash offer for all issued and paid-up ordinary shares in capital of Healthway .On basis of offer price, entire share capital of Healthway in issue valued at approximately S$103.3 million.  Full Article

Gentle care Pte intends to make cash offer for Healthway Medical Corp
Tuesday, 7 Feb 2017 04:37am EST 

Gentle Care Pte : intends to make a voluntary conditional cash offer for all the issued and paid-up ordinary shares in healthway medical corporation .deal for, for each offer share: s$0.042 in cash.  Full Article

Healthway Medical entered into conditional placement agreement with KGI Fraser Securities
Monday, 29 Aug 2016 08:14am EDT 

Healthway Medical Corp Ltd : Healthway medical corporation limited (proposed placement of up to 133,300,000 new ordinary shares at a placement price of s$0.03 per share) . Entered into a conditional placement agreement ("placement agreement") with kgi fraser securities pte ltd as placement agent . Co has agreed to issue up to 133 million new ordinary shares to raise up to s$4.0 million . Co agreed to issue up to 133.3 million new ordinary shares in capital of co at placement price of s$0.03 per placement share .  Full Article

Healthway Medical Corp updates on termination of scheme of arrangement
Monday, 8 Aug 2016 05:27am EDT 

Healthway Medical Corp Ltd : The securities industry council has informed the company that it consents to the withdrawal of the scheme" . Scheme contemplated under the implementation agreement shall accordingly be terminated with effect from today" . Refers to proposed acquisition by international Healthway Corp of Healthway Medical Corp by way of a scheme of arrangement .  Full Article

Healthway Medical Corp says Wong Yee Kong has decided to resign as President
Monday, 6 Jun 2016 09:35am EDT 

Healthway Medical Corp Ltd : Says Wong Yee Kong has decided to resign as President of the company .  Full Article

Healthway Medical Corp Ltd announces striking-off of dormant subsidiaries
Friday, 5 Jun 2015 05:09am EDT 

Healthway Medical Corp Ltd:Announces that the Accounting and Corporate Regulatory Authority of Singapore (ACRA) has given its approval to strike off five wholly-owned subsidiaries of the group (the dormant subsidiaries) from the register of companies.The Dormant Subsidiaries are.Peace Family Clinic and Surgery (AMK) Pte Ltd.Picton Medical Centre Pte Ltd.Peace Family Clinic and Surgery (Anchorvale) Pte Ltd.Peace Family Clinic and Surgery (Sembawang) Pte Ltd.SBCC Services & Trading Pte Ltd.The striking-offs of the Dormant Subsidiaries are not expected to have any material impact on the net tangible assets per share and earnings per share of the Group for the current financial year ending Dec. 31.  Full Article

More From Around the Web

BRIEF-Healthway Medical Healthway will issue convertible notes to Gateway

* Healthway will issue convertible notes "B" to Gateway for aggregate principal amount of S$70 million, in two tranches. Source text for Eikon: Further company coverage: