Basel Medical Group Pte. Ltd., a subsidiary of Basel Medical Group Ltd (Nasdaq: BMGL), has completed the acquisition of all issued and paid-up shares of Bethesda Medical Pte. Ltd., a Singapore-based company, from Silkroute Biomed Healthcare Pte. Ltd. The transaction was completed on April 30, 2025, with a total consideration of US$6.5 million after both parties agreed to waive the previously arranged deferred consideration of US$1.5 million. Bethesda Medical is now a wholly owned indirect subsidiary of Basel Medical Group Ltd.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Basel Medical Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-003001), on January 21, 2026, and is solely responsible for the information contained therein.
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