ComfortDelGro acquires 90% stake in medical transport operator for $8.5m

January 10, 2022 9:13 AM

SINGAPORE (THE BUSINESS TIMES) – Transport operator ComfortDelGro on Monday (Jan 10) said its subsidiary, ComfortDelGro MedCare (CDG MedCare), has entered into a sale and purchase agreement with Neo Lay Kim and Ng Chew Chuah to acquire a 90 per cent stake in Ming Chuan Transportation for $8.5 million.

Source : https://www.straitstimes.com/business/companies-markets/comfortdelgro-acquires-90-stake-in-medical-transport-operator-for-85m