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Singapore Medical Group Ltd (SMGL.SI)

SMGL.SI on Stock Exchange of Singapore

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28 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Singapore Medical Group acquires Lifescan Imaging
Sunday, 7 Aug 2016 07:16pm EDT 

Singapore Medical Group Ltd : Singapore Medical Group fully acquires earnings accretive Lifescan Imaging to fuel its next growth engine in diagnostics . Deal for s$8.5 million . Earnings accretive acquisition will be funded via the issuance of 33.4 million new shares at approximately s$0.256 per share .  Full Article

Singapore Medical entered into joint venture agreement with Cardioscan
Wednesday, 1 Jun 2016 06:15am EDT 

Singapore Medical Group Ltd : Joint venture in Singapore ) . Says entered into a joint venture agreement ("jv agreement") with cardioscan . Objective to establish company to engage in cardiac monitoring and reporting services in Singapore, Malaysia, Indonesia and Thailand .  Full Article

Singapore Medical Group says divestment of joint venture co, Mindchamps Medical Pte Limited
Wednesday, 9 Sep 2015 05:35am EDT 

Singapore Medical Group Ltd:Says divestment of a joint venture company, mindchamps medical pte limited.for an aggregate cash consideration of s$100,000."divestment is expected to result in a gain of approximately s$22,000.  Full Article

Singapore Medical Group Ltd says members’ voluntary liquidation of dormant subsidiaries
Monday, 29 Jun 2015 05:45am EDT 

Singapore Medical Group Ltd:Says units of co have been placed in members’ voluntary liquidation.Unit placed in members’ voluntary liquidation are Premium Lasik Surgery Clinic Pte. Ltd., Singapore Eye & Cornea Transplant Centre Pte. Ltd., Centre for Joint & Cartilage Surgery Pte. Ltd. and Centre for Spine & Scoliosis Surgery Pte. Ltd.  Full Article

Singapore Medical Group Ltd subsidiary announces incorporation of subsidiary
Friday, 19 Jun 2015 05:37am EDT 

Singapore Medical Group Ltd:Says that its 51%-owned subsidiary, SMG Leaders Pte. Ltd. (SMGL), had on June 19 incorporated a wholly-owned subsidiary in Singapore known as Dr. Leaders Pte. Ltd.DRL was registered with an issued and paid-up capital of S$100.00 comprising 100 ordinary shares.The principal activity of DRL is that of sale of cosmetic products.  Full Article

Singapore Medical Group Ltd incorporation of company under joint venture agreement
Friday, 6 Mar 2015 04:34am EST 

Singapore Medical Group Ltd:Says the company and Sansung Life & Science Co Ltd (SLS) on March 6 incorporates company in Singapore known as SMG Leaders Pte. Ltd (SMGL).Says SMGL was registered with an initial issued and paid-up capital of US$100.Says company and SLS has each subscribed for initial share capital of $51 and $49 respectively.SMGL plans to subsequently increase it's issued and paid-up capital to US$1,000,000 consisting of 1 mln shares through allotment and issue of new shares which will be subscribed by Company and SLS pursuant to their 51 pct and 49 pct interest in SMGL respectively.Principal activities of SMGL are that of provision of aesthetics related services, and the distribution and sale of cosmetic range of products.  Full Article

Singapore Medical Group Ltd announces incorporation of subsidiary in Singapore
Monday, 26 Jan 2015 05:54am EST 

Singapore Medical Group Ltd:Incorporated a subsidiary in Singapore known as SMG Dental Pte Ltd (SDC).The Company holds 80 pct equity interest in SDC and the remaining 20 pct is held by Lynette Ng Hsu Ching.SDC was registered with an issued and paid-up capital of S$100.00 comprising 100 ordinary shares.The principal activity of SDC is that of the provision of dental services.  Full Article

Singapore Medical Group Ltd and Sansung Life & Science Co Ltd to form JV company
Wednesday, 21 Jan 2015 06:09am EST 

Singapore Medical Group Ltd (SMG):Entered into a joint venture agreement (JV Agreement) with Sansung Life & Science Co Ltd (SLS) with the objective to establish a company to engage in the aesthetics business and sales of aesthetic related range of products in the South-East Asia region.It will be incorporated in the Republic of Singapore with an issued and paid-up capital of $1 mln.Consisting of one million shares which shall be subscribed, paid up and owned by SMG and SLS representing 51 pct and 49 pct respectively.  Full Article

Singapore Medical Group Ltd incorporates two subsidiaries
Friday, 16 Jan 2015 04:34am EST 

Singapore Medical Group Ltd:Incorporated two new subsidiaries in Singapore namely SMG Dermatology Centre Pte Ltd (SMGDC) and SMG Ear, Nose & Throat Centre Pte Ltd (SMGENTC).Both SMGDC and SMGENTC were registered with an issued and paid-up capital of S$100.00 comprising 100 ordinary shares.The principal activity of SMGDC is that of the provision of dermatology services.The principal activity of SMGENTC is that of the provision of otolaryngology services.  Full Article

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