Mobile-Health Network Solutions agrees to buy 19% stake in Singapore’s Jurong Day & Night Clinic for US$ 256,500 in shares

Reuters2026/08/12 10:31

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Mobile-Health Network Solutions agreed to buy a 19% stake in Singapore clinic operator Jurong Day & Night Clinic for USD 256,500.
Consideration will be paid in 186,410 Mobile-Health ordinary shares issued to the seller, subject to a nine-month lock-up.
The seller will retain 81% ownership and operating control, with no board seat, observer rights, or voting control for Mobile-Health.
Seller may repurchase the 19% stake within two years if performance targets or software integration within nine months are not met.
Closing remains subject to due diligence, corporate actions, required Singapore healthcare approvals, and a Nasdaq additional shares filing.

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. Mobile-Health Network Solutions 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: 0001493152-26-037238), on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mobile-Health Network Solutions agrees to buy 19% stake in Singapore’s Jurong Day & Night Clinic for US$ 256,500 in shares

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