CHIH is 100%-owned by Dr Heah Sieu Min, who is HC Surgical Specialists’ executive director and CEO.
HC (TPY), the wholly-owned subsidiary of HC Surgical Specialists (SGX:1B1
) , has entered into a tenancy agreement with CHIH.
Under the agreement, CHIH will lease a portion of the premise at Block 190 Lorong 6 Toa Payoh #01-572 to HC for a term of three years from Sept 1 onwards. The rental payable for the duration of the lease is $482,400 for the 600 sq ft area. The sum represents about 6.93% of HC Surgical’s latest audited net tangible assets (NTA) of $6.96 million as at May 31, 2022.
