PETALING JAYA: LYC Healthcare Bhd’s wholly owned subsidiary, LYC Medicare Sdn Bhd, has proposed to acquire a 51% stake in HC Orthopaedic Surgery Pte Ltd (HCOS) from Chan Ying Ho and Beyond Wellness Group Pte Ltd for RM21.29mil.
In a filing with Bursa Malaysia, LYC Healthcare said upon completion of the exercise, expected by the fourth quarter of 2020, HCOS would become a 51%-owned subsidiary of LYC Healthcare.
HCOS is principally involved in the provision of clinics and other general medical services, as well as specialised medical services, including day surgical centres.
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