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Global digital health platform company to subscribe for 8 mil new shares in Raffles Infrastructure Holdings for $2 mil

Felicia Tan
Felicia Tan6/30/2021 06:21 PM GMT+08  • 2 min read
Global digital health platform company to subscribe for 8 mil new shares in Raffles Infrastructure Holdings for $2 mil
Shares in Raffles Infrastructure closed 1 cent higher or 4% up at 26 cents on June 30.
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Raffles Infrastructure Holdings, has, on June 30, entered into a subscription agreement with Integrated Health Ventures, where the latter will subscribe for 8 million new shares in the former at an issue price of 25 cents per new share.

Integrated Health Ventures is a Singapore-incorporated company that is in the business of turnkey diagnostic centre set-up, tele-enabling and digital storage of healthcare data across India, Africa and Southeast Asia.

It has one shareholder, Anand Thyagarajan, who is an Indian national and has over 23 years of experience in marketing, management, IP law and leadership.

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