Citicode proposes to buy Livingstone Health for up to S$72m in RTO

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MAINBOARD-LISTED Citicode is proposing to acquire specialist-healthcare service provider Livingstone Health for up to S$72 million, in a transaction that will constitute as a reverse takeover (RTO) if completed. Read more at The Business Times.

Citicode will then transfer its listing status to the Singapore Exchange's Catalist board, from the mainboard, in connection with the proposed transaction.

Based in Singapore, Livingstone Health offers specialist healthcare services including orthopaedic surgery, anaesthesiology and pain management, aesthetics and wellness, cardiology and family medicine.withdrew its proposal to list on the SGX Catalist board Citicode previously entered into discussions with Livingstone Health to evaluate design and consultancy services for the development of a new Asean medical centre.

 

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