ACN Newswire
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EC Healthcare Further Issue Shares to Strategic Shareholder Dr. Cheng Chi Kong and Aspex Management To Enhance Collaboration in Deploying Medical Real Estate Strategy

indie
5 minutes

HONG KONG, Jul 9, 2021 - (ACN Newswire via SEAPRWire.com) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong, announces that the Group's strategic shareholders Dr. Cheng Chi Kong and Aspex Management further increase equity stake in the Group via Top-up Placing, further enhancing the strategic relationship and empowering the Group's development. The Group conditionally agreed to effectively issue and allot 6,455,172 and 10,758,621 new Shares at HK$14.50 per Share to Dr. Cheng Chi Kong, Adrian JP and Aspex Master Fund (the "Purchasers"), respectively, through Top-up Placing. Such shares representing approximately 1.55% of the issued share capital of the Company and approximately 1.53% of its enlarged issued share capital immediately following the Top-up Placing. The Group expects to receive net proceeds of approximately HK$248.8 million from the transaction and intends to use the proceeds for clinic network expansion in Hong Kong and the Greater Bay Area in the PRC, mergers and acquisitions and general corporate purposes. Haitong International Securities Compa...

SeaPRwire
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Anonymous liver donor brightens CNY for little Raenelle

aseanpr
5 minutes

SINGAPORE (THE NEW PAPER) - When their daughter Raenelle was diagnosed with biliary atresia - a rare liver disease - at 1½ months old, Ms Vicky Cheng and Mr Roger Wong were devastated. Last September, Raenelle's parents got even worse news - doctors said the 17-month-old had end-stage liver disease and gave her six months to live, unless she could get a liver donor. Dad's liver was not a match and mum was pregnant at the time. So, desperate to find a living donor to save the life of her child, Ms Cheng, a 35-year-old housewife, made an urgent plea on Facebook. On Jan 6, after three heart-rending months, the National University Hospital (NUH) found a match in an anonymous donor. The Transplant Ethics Committee conducted a review of the case on Jan 13 and Raenelle had the surgery on Jan 20. Two weeks after the surgery at NUH, the family's spirits were lifted even further - just in time for Chinese New Year - after she was moved from the high dependency ward to a general ward, where she still is today. Because of confidentiality issues, the family do not know the identity of the donor. Ms Cheng is forever grateful to the "selfless" donor and told The New Paper on Wednesday (Feb 17): "...

SeaPRwire
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ICA officer accused of receiving sexual services, cash as bribes; 3 others also charged with corruption

aseanpr
3 minutes

SINGAPORE - An Immigration and Checkpoints Authority of Singapore (ICA) officer allegedly received bribes and sexual services from two foreign women, in exchange for helping them remain in Singapore legally. Teo Hwee Peng, 47, and the women - Chinese nationals Liang Qinglan, 37, and Cheng Wenjuan, 32 - were charged in court on Tuesday (Nov 24) for corruption. Teo, a checkpoints inspector, faces 12 charges, while Liang and Cheng face nine and 18 charges respectively. Cheng is also linked to a similar matter involving another Singaporean, 42-year-old Kelvin Lim Chee Wee. He is facing 14 charges for corruptly receiving bribes and sexual services from Cheng. Court documents state that Liang and Cheng allegedly provided the sexual services and bribes to Teo, in return for the officer’s help in getting Special Passes issued to them. A Special Pass, which legalises a foreigner's stay in Singapore, is issued for specific purposes such as assistance in investigations, court attendance and for stateless persons residing here. Those holding Special Passes are not allowed to work without a valid work pass. Between 2018 and last year, Liang purportedly provided Teo sexual services, at least $2,...