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TalkMed receives 'interest' from unnamed 'persons' 'considering' shares purchase

The Edge Singapore
The Edge Singapore  • 1 min read
TalkMed receives 'interest' from unnamed 'persons' 'considering' shares purchase
The company is now trading at around 15x historical earnings
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TalkMed Group says that it has received "interest" from "persons" who are considering the acquisition of a stake in the company. 

"The discussions are preliminary at this stage and there is no assurance that a transaction will take place," says the company on April 6.

TalkMed, a specialist cancer medical group, is controlled by group CEO Dr Ang Peng Tiam, who has an interest in 64.74% of the shares. Group COO Dr Khoo Kei Siong holds another 7.49%.

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