Rowsley to acquire Sasteria, owner of Thomson Medical and TMC Life

Business
Tuesday, 19 Dec 2017
12:00 AM MYT

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SINGAPORE: Singapore Exchange (SGX) Mainboard-listed Rowsley Ltd has signed a binding acquisition agreement with its controlling shareholder, Lim Eng Hock, to acquire 100% of Sasteria Pte Ltd, the owner of Thomson Medical Pte Ltd and the controlling shareholder of TMC Life Sciences Bhd (TMCLS), for S$1.6bil.

Under the agreement, Rowsley will acquire a 100% stake in Thomson Medical, Singapore’s largest private provider of healthcare services for women and children, and a 70.36% stake in TMCLS.

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PERMAJU	0.030	0.045	0.030	0.040	0.010	33.33	549,198
HSI-PWD1	0.190	0.210	0.180	0.195	0.000	0.00	532,470
HSI-PWD7	0.205	0.230	0.200	0.220	0.010	4.76	530,406
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SAPNRG	0.045	0.050	0.045	0.045	0.000	0.00	478,502
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HSI-CWCY	0.180	0.180	0.140	0.145	-0.025	-14.71	391,282
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FOCUS	0.020	0.025	0.020	0.020	0.000	0.00	244,940
POS	0.250	0.290	0.250	0.255	0.000	0.00	237,255

Rowsley to acquire Sasteria, owner of Thomson Medical and TMC Life