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Singapore Paincare Divests AE Medical Fernvale to Streamline Operations

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Singapore Paincare Divests AE Medical Fernvale to Streamline Operations

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Singapore Paincare Holdings Limited ( (SG:FRQ) ) just unveiled an update.

Singapore Paincare Holdings Limited announced the disposal of its 100% stake in AE Medical Fernvale Pte Ltd to Mustard Seed Health Pte Ltd for S$829,000. This strategic move aims to monetize a long-term asset, streamline business operations, and redirect resources towards opportunities that enhance shareholder value.

More about Singapore Paincare Holdings Limited

Singapore Paincare Holdings Limited is a company based in Singapore, focusing on the healthcare industry. The company provides pain management services and operates through its subsidiaries in the region.

YTD Price Performance: -24.55%

Average Trading Volume: 321,151

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$14.91M

See more insights into FRQ stock on TipRanks’ Stock Analysis page.

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