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The latest update is out from Don Agro International Limited ( (SG:GRQ) ).
Shareholders of Don Agro International Limited have approved the acquisition of healthcare assets, a diversification of the group’s core business into healthcare, and a rebranding of the company to UpHealth Group Limited, marking a decisive break from its former agricultural focus. The revamped group will centre on Euroonco’s network of oncology clinics and Uni Medica’s large multifunctional medical facility, with plans to expand oncology capacity at Uni Medica and integrate it with Euroonco’s platform, boosting total inpatient beds and strengthening its specialty healthcare capabilities; this transformation is underpinned by Euroonco’s growing patient volumes, which rose 23.1% year-on-year in 2024, signalling robust demand and a potentially stronger, more scalable healthcare platform for investors and other stakeholders.
More about Don Agro International Limited
Don Agro International Limited, listed in Singapore, is undergoing a strategic shift from its legacy agricultural roots into the healthcare sector. Following divestment of its agricultural assets, the group is repositioning itself around specialty medical services, particularly oncology, through assets such as Euroonco’s cancer clinics and Uni Medica’s multifunctional medical facility, with an expanded focus on inpatient and outpatient care in key urban markets.
Average Trading Volume: 18,014
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$22.99M
For an in-depth examination of GRQ stock, go to TipRanks’ Overview page.