Amala Foods Plc (GB:DISH) has released an update.
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Amala Foods Plc is progressing with its reverse takeover of Healthcare Medical Plus Pte Ltd, a healthcare group with subsidiaries in the Philippines, aiming to enhance its market value. The transaction involves a share consideration of £8 million, contingent on HMP achieving specific financial targets, and is subject to regulatory approval. This move is expected to tap into the growing Philippine healthcare sector, fueled by increased insurance coverage.
For further insights into GB:DISH stock, check out TipRanks’ Stock Analysis page.
