SINGAPORE (May 8): Medinex Limited is acquiring full ownership of SKI Corporate Services and SKI Consultancy, collectively known as the SKI Group, for a total consideration of $1.2 million.
The SKI Group provides business support services such as accounting, tax and corporate secretarial services to clients mainly in the IT advertising industries, which Medinex claims not to have a strong foothold in.
In its filing on Tuesday, Medinex says the acquisition will allow it to expand its customer base by gaining access to a greater number of potential clients in the IT and advertising fields.