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SBC Medical Group Sells Subsidiaries to Focus on Core
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SBC Medical Group Sells Subsidiaries to Focus on Core

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The latest announcement is out from SBC Medical Group Holdings ( (SBC) ).

SBC Medical Group Holdings has entered into agreements to sell its subsidiaries, SBC Kijimadaira Resort Co., Ltd. and Skynet Academy Co., Ltd., to entities owned by its Director and CEO, Dr. Yoshiyuki Aikawa. This move is part of a strategic decision to concentrate on its core medical business, as both subsidiaries were valued at nominal and immaterial prices due to insolvency and discounted cashflow evaluations, respectively.

More about SBC Medical Group Holdings

SBC Medical Group Holdings Incorporated operates in the medical industry, focusing on healthcare services and related business activities.

YTD Price Performance: -41.34%

Average Trading Volume: 88,475

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $649M

For detailed information about SBC stock, go to TipRanks’ Stock Analysis page.

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