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Singapore Medical Group Requested For Trading Halt- Privatization Or Rights Issue For Expansion?
By Investment Income for Life  •  September 11, 2022
On 9th September 2022 (Friday after trading hours), Singapore Medical Group ("SMG") requested for an immediate trading halt while awaiting an important news release to be announced by its CEO, Dr Beng Teck Liang. I have been wondering how come the share price of SMG suddenly came back to life and surged to S$0.325 per share as at 9th September 2022 when it has been trading with little volume at the range of S$0.305 per share to S$0.310 per share. In fact, it has been stuck at S$0.310 since August 2019. As usual, I reckon that information about the upcoming major change seems to have been leaked out to friends and relatives similar to what I have seen from other listed entities just right before their major business decision announcement. 

1. Upcoming major M&A or Privatisation?
I am intrigued by what will be announced by Dr Beng Teck
...
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By Investment Income for Life
I am an Accountant by training and is currently working in a global MNC in the Supply Chain industry. During my free time, I enjoy reading up on topics such as stock investing, insurance planning and property investment. Since 2012, I have started penning down my thoughts on certain financial matters while striving to achieve financial independence.
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