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Singapore Paincare Holdings acquires orthopaedic practice for $3.1 mil

Felicia Tan
Felicia Tan • 2 min read
Singapore Paincare Holdings acquires orthopaedic practice for $3.1 mil
Singapore Paincare Holdings' executive director and CEO, Dr Bernard Lee. Photo: Albert Chua/The Edge Singapore
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Catalist-listed Singapore Paincare Holdings (SGX:FRQ) has acquired PTL Spine & Orthopaedics Private Limited for $3.1 million.

A sale and purchase agreement (SPA) was entered into with Dr Paul Thng and Ong Geok Kim to acquire 100% of the total issued share capital of the orthopaedic practice.

The acquisition was completed on March 14.

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