The Business Times: Temasek Unit Acquires 2 Per Cent Stake In Health Management International
TEMASEK-OWNED Heliconia Capital Management is acquiring a 2 per cent stake in private healthcare player Health Management International Pte Ltd (HMI) through an S$11 million placement. HMI will issue 16.9 million new ordinary shares at S$0.65 per share to Orchid 2 Investments, a company managed and controlled by Heliconia. The issue price represents a discount […]