LYC completes acquisition of dental clinics

PETALING JAYA: LYC Healthcare Bhd, via its wholly owned subsidiary, LYC Dental & Aesthetic Holdings Sdn Bhd has completed the acquisition of a 55% equity stake in Elite Dental Team Sdn Bhd (EDTSB) for RM5.5mil cash.

In a statement yesterday, LYC said EDTSB’s clinics would bring the total number of dental clinics under LYC to 30 dental clinics.

EDTSB operates 26 dental clinics throughout Malaysia including Kuala Lumpur, Selangor, Penang, Johor, and Sabah.

The dental brands operating under EDTSB are PrimeCare Dental Clinic, Signature PrimeCare Dental, Lite Dental, Phi Dental and Quay Dental.