The corporate exercise, sources said, would see two hospital assets
PETALING JAYA: Market speculation that TMC Life Sciences Bhd
may be involved in a corporate exercise has led to punters chasing up the share price by 15.63% over the past two trading days.
Singapore billionaire Peter Lim Eng Hock is rumoured to be thinking of parking all his healthcare services assets in Malaysia and Singapore under TMC Life, according to sources. Lim is a major shareholder of the company with a 76.57% stake.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
