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New Silkroutes to buy dental clinics and equipment suppliers for $5.3 mil

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New Silkroutes to buy dental clinics and equipment suppliers for $5.3 mil

PC Lee Published on Mon, May 29, 2017 / 8:02 AM GMT+8

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SINGAPORE (May 29): New Silkroutes Group is acquiring majority control of eight dental clinics and two dental equipment suppliers in Singapore in a deal worth $5.28 million.

The acquisition is in line with its plans to expand the capabilities of its recently installed healthcare subsidiary, Healthsciences International (HSI).

Of the eight clinics, NSG will take a 70% stake in five of them for $4.2 million.

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