SINGAPORE (May 7): HC Surgical Specialists is acquiring a 51% stake in Jason Lim Endoscopy and Surgery (JLES) for $832,000.

The sellers are Jason Lim Holdings and and Dr Jason Lim Wei-Min.

Of the consideration, $628,000 will be paid in cash while the remaining to be paid with 300,000 new shares at 68 cents each, a premium of 0.74% to HC Surgical’s May 4 closing price of 67.5 cents each.

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