Proposed private placement of up to 30% of the total number of issued shares of LYC at an issue price to be determined and announced later, to the following parties:- 

(a)	Allocation to third party investor(s) where such investor(s) shall be person(s) who/ which qualify under schedules 6 and 7 of the Capital Markets and Services Act 2007; and

(b)	Allocation to Lim Yin Chow (being the interested major shareholder) and/ or nominee(s), pursuant to his undertaking to subscribe and/ or cause his nominee(s) to subscribe for a total of up to 50,000,000 placement shares which are not subscribed for or taken up by any third party investor(s).

Proposed allocation of up to 50,000,000 placement shares, which are not subscribed for or taken up by any third party investor(s), to Lim Yin Chow and/or Nominee(s).

Proposed acquisition by LYC Medicare Sdn Bhd, a wholly-owned subsidiary of LYC, of a 51% equity interest in T&T Medical Group Pte Ltd for a purchase consideration of SGD7,293,000.

Proposed acquisition by LYC Medicare Sdn Bhd, a wholly-owned subsidiary of LYC, of a 51% equity interest in HC Orthopaedic Surgery Pte Ltd for a purchase consideration of SGD6,936,000.