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ISEC Healthcare Approves Share Moratorium Lift

ISEC Healthcare Approves Share Moratorium Lift

ISEC Healthcare Ltd (SG:40T) has released an update.

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ISEC Healthcare Ltd. has announced the Board’s approval to lift the moratorium on shares held by Dr. Loh Swee Seng, allowing him to increase his asset liquidity. This move comes after Dr. Loh’s retirement as a medical director and aligns with his long-term interest in reducing the cash consideration for the acquisition of Indah Specialist Eye Centre. The decision will affect the remaining moratorium shares, facilitating greater financial flexibility for Dr. Loh.

For further insights into SG:40T stock, check out TipRanks’ Stock Analysis page.

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