Meihao Medical Group Subscribes for Shares in Deepcare Medical Holdings
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Meihao Medical Group Co. Ltd. has signed a share subscription agreement to acquire 2,863,492 Class B ordinary shares in Deepcare Medical Holdings Limited. This transaction is classified as a discloseable transaction for Meihao. The share valuation was determined using the discounted cash flow method. The acquisition aims to create synergies with Meihao’s existing business and enhance its competitiveness in the medical tourism and assisted reproductive technology sectors, particularly through its Thailand subsidiary.
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