For the year ended June 30 2022, the clinic generated net profit before income tax of $245,749; and its NTA as at June 30 2022 was $303,204.
Singapore Paincare Holdings, barely a fortnight after announcing its expansion into China, has acquired Boon Lay Clinic and Surgery for $1 million, valuing the acquisition at 4.3 x earnings.
The sellers are Drs Cynthia Chao Wen Pin and Anthony Chao Tar Liang.
