Key Developments: Singapore Medical Group Ltd (SMGL.SI)

SMGL.SI on Stock Exchange of Singapore

0.15SGD
19 Dec 2014
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$0.00 (+0.66%)
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Latest Key Developments (Source: Significant Developments)

Singapore Medical Group Ltd updates on liquidation process initiated by subsidiary
Tuesday, 2 Dec 2014 06:46pm EST 

Singapore Medical Group Ltd:Announces that TOGC Parkway East Hospital Pte Ltd, a 77 pct owned subsidiary of the company has initiated creditors’ voluntary winding-up proceedings.  Full Article

Singapore Medical Group Ltd enters into non-binding memorandum of understanding with Leaders Cosmetics Division of Sansung Life & Science Co., Ltd
Wednesday, 26 Nov 2014 06:30am EST 

Singapore Medical Group Ltd:Says it has entered into a non-binding memorandum of understanding with Leaders Cosmetics Division of Sansung Life & Science Co., Ltd in relation to a proposed joint venture.Says the company and Leaders have agreed to explore the formation of a joint venture entity in Singapore which will engage in the aesthetics and dermatology businesses and distribution of dermatological and cosmeceutical products in the SouthEast Asia region.Says the company and Leaders will hold 51 pct and 49 pct equity interest respectively in the Joint Venture Entity.  Full Article

Singapore Medical Group Ltd announces ownership interest of Coop International Pte Ltd
Tuesday, 18 Nov 2014 06:52am EST 

Singapore Medical Group Ltd:Says Coop International Pte Ltd holds 12,800,000 ordinary shares representing 5.1 pct of the total voting power.  Full Article

Singapore Medical Group Ltd issues and allots shares
Friday, 14 Nov 2014 06:07am EST 

Singapore Medical Group Ltd:Further to announcements, company has, on Nov. 14 completed the issue and allotment of 26,971,000 placement shares at an issue price of S$0.162 for each placement share and the placement has been completed.Following issue of placement shares, company's issued and paid-up share capital has been increased from S$11,305,700 comprising 223,964,000 shares to S$15,675,002 comprising 250,935,000 shares.Placement Shares are expected to be listed and quoted on the Catalist Board with effect from Nov.19.  Full Article

Singapore Medical Group Ltd announces shareholders’ agreement to subscribe for shares in Mindchamps Medical Pte Ltd
Tuesday, 21 Oct 2014 06:30am EDT 

Singapore Medical Group Ltd:Says it has entered into a shareholders’ agreement with MindChamps Holdings Pte Ltd (MCH) and MindChamps Medical Pte Ltd (MCM) on Oct. 21.Says it shall subscribe for 196,000 new ordinary shares of MCM at an aggregate subscription price of S$100,000 payable by cash and MCH shall subscribe for 203,490 new ordinary shares of MCM at an aggregate subscription price of S$299,490 payable by cash.Says upon the completion of the subscription MCH will hold 51 pct and SMG will hold 49 pct in MCM.Says MCM is a dormant company incorporated in Singapore and is 100 pct owned by MCH prior to the Investment.Says the subscription price of the Investment will be funded through internal resources.  Full Article

Singapore Medical Group Ltd does not declare dividend
Thursday, 14 Aug 2014 07:55am EDT 

Singapore Medical Group Ltd:No dividend has been declared or recommended for six month financial period ended June 30.  Full Article

Singapore Medical Group Ltd sets to revive Singapore’S refractive surgery business
Tuesday, 22 Jul 2014 05:40am EDT 

Singapore Medical Group Ltd:Says its flagship clinics, The Lasik Surgery Clinic (LSC) in Singapore and the Ciputra SMG Eye Clinic in Jakarta, Indonesia have purchased the ZEISS VisuMax Femtosecond Laser Systems.  Full Article

Singapore Medical Group Ltd increase in interest in subsidiary
Wednesday, 7 May 2014 06:14am EDT 

Singapore Medical Group Ltd:Enters into sale and purchase agreement to acquire additional 20 pct interest in The Cancer Centre Pte Ltd (TCC) for consideration of S$900,000 from Dr Wong Seng Weng.Consideration is satisfied by issuance of 5,360,000 ordinary shares of Company at an issue price of $0.1679, representing discount of 2.7 pct from weighted average price of $0.1725 of shares traded on May 06, 2014, being market day preceding date of signing of sale and purchase agreement.Following acquisition, TCC became an 80 pct owned subsidiary of Company.  Full Article

Singapore Medical Group Ltd signs joint venture agreement with PT. Ciputra Raya Sejahtera
Tuesday, 29 Apr 2014 08:02pm EDT 

Singapore Medical Group Ltd:On April 29 enters into a joint venture agreement with PT. Ciputra Raya Sejahtera (Ciputra) with the objective to operate an eye specialist clinic and possibly to extent to any other specialist clinic at Jakarta, Indonesia.  Full Article

Singapore Medical Group Ltd's SMG International Partners disposes subsidiary
Monday, 21 Apr 2014 08:22am EDT 

Singapore Medical Group Ltd:Says its wholly-owned subsidiary, SMG International Partners Pte Ltd (SMGIP), has on April 21 enters into a sale and purchase agreement with King Hung International Investment Limited (KHI).Pursuant to which SMGIP disposed its whollyowned subsidiary, Singapore Medical Group (HK) Limited(SMGHK) for a cash consideration of S$450,000 to KHI.  Full Article

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