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SGX flags concerns as Alliance Healthcare invests $3.5 mil in digital healthcare platform Jaga-Me

Stanislaus Jude Chan
Stanislaus Jude Chan • 3 min read
SGX flags concerns as Alliance Healthcare invests $3.5 mil in digital healthcare platform Jaga-Me
SINGAPORE (Dec 19): Alliance Healthcare Group is investing $3.5 million to acquire a 55% stake in the enlarged issued share capital of digital healthcare platform Jaga-Me.
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SINGAPORE (Dec 19): Singapore Exchange (SGX) has raised several concerns, as Alliance Healthcare Group announced Thursday it is investing $3.5 million to acquire a 55% stake in the enlarged issued share capital of digital healthcare platform Jaga-Me.

The consideration includes a cash consideration of $2.0 million for the subscription of new shares in the capital of Jaga-Me, and $1.5 million for the purchase of existing vendor shares.

Jaga-Me’s proprietary digital platform enables consumers to use a mobile web application to schedule and pay for clinical services, medical equipment and consumables, which are delivered to the patients’ homes.

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