Lifebrandz Ltd. (SG:1D3) has released an update.
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LifeBrandz Ltd. is planning to diversify its business by entering the assisted living sector, aiming to provide personalized support and residential options for the elderly. To facilitate this expansion, the company has incorporated a wholly-owned subsidiary, Communa Gold Pte. Ltd., and is considering acquiring Crescendo Wellness Living for S$50,000. This strategic move is part of LifeBrandz’s efforts to broaden its income streams and enhance shareholder value.
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