SINGAPORE (April 13): BBR Holdings has acquired the remaining 51% stake in associate company Angels Medical Private from Angels' other shareholders for around $27,780.
With this transaction, Angels, a provider of healthcare systems integration for the elderly, becomes a fully owned subsidiary of BBR.
The deal has no material impact on the net tangible asset and earnings per share of the group for the current financial year ending Dec 31.
BBR closed 0.6% higher at 16.8 cents.