Singapore Paincare Holdings Limited (SG:FRQ) has released an update.
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Singapore Paincare Holdings Limited has divested its 51% stake in subsidiary GM Medical Paincare Pte Ltd to Dr. Liew for S$452,890 in cash, aiming to optimize resource utilization and focus on enhancing shareholder value. The sale, completed on March 20, 2024, was part of the company’s strategy to streamline operations and seek more lucrative opportunities.
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