Amala Foods Plc (GB:DISH) has released an update.
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Amala Foods Plc is advancing a Reverse Takeover with Healthcare Medical Plus, a Singapore-based healthcare group with expanding operations in the Philippines, supported by the country’s Universal Healthcare Act and insurance coverage growth. The target company has three subsidiaries showing strong performance and growth potential, with TopHealth Medical Clinics Inc. being particularly notable for consistent revenue growth and expansion plans. The completion of the Reverse Takeover is anticipated for late summer 2024, pending regulatory approvals, while Amala Foods Plc’s 2024 financial report publication is delayed until August due to audit capacity issues.
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