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Healthcare Global En - Updates

Share Source By

Dion Global

30 May 2025

Healthcare Global Enterprises Limited has informed the Exchange regarding 'We refer to our letter to the stock exchanges dated 23 February 2025 regarding execution of the Share Purchase Agreement dated 23 February 2025 entered into by and amongst HealthCare Global Enterprises Limited ( Company ), Hector Asia Holdings II Pte. Ltd. ( Purchaser 1 ), KIA EBT II Scheme 1 ( Purchaser 1 ) (Purchaser 1 and Purchaser 2, collectively Purchasers ) and Aceso Company Pte. Ltd. ( Seller ) ( SPA ).Purchaser 1, together with persons acting in concert are undertaking an open offer to acquire up to 3,70,90,327 equity shares comprising of 26% of the expanded voting share capital of the Company ( Open Offer ) from the public shareholders of the Company. The intention of Seller to be reclassified from a shareholder in the Promoter category to the Public category has been disclosed in various disclosures relating to the Open Offer, including the public announcement dated 23 February 2025, detailed public statement dated 01 March 2025 and draft letter of offer dated 10 March 2025.The Seller has on 30 May 2025 transferred: (i) 7,16,77,991 equity shares of the Company to Purchaser 1; and (ii) 2,50,044 equity shares of the Company to Purchaser 2 (collectively, Share Transfer ).'.