https://www.taxtmi.com/news?id=27201 Approval was granted for a proposed subscription of Compulsorily Convertible Preference Shares (CCPS B) in API Holdings Ltd by an existing investor through a Rights Issue. The Acquirer, a foreign institutional investor acting via a Singapore subsidiary and holding pre-emption rights, will make a primary subscription accompanied by certain investor rights. The Target operates in healthcare services including an online pharmacy marketplace, B2B pharmaceutical wholesale and logistics, and diagnostic services. The competition regulator approved the transaction and noted a detailed order will follow. en-us Wed, 31 Jan 2024 15:36:38 +0530 Wed, 31 Jan 2024 15:36:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27201 Approval was granted for a proposed subscription of Compulsorily Convertible Preference Shares (CCPS B) in API Holdings Ltd by an existing investor through a Rights Issue. The Acquirer, a foreign institutional investor acting via a Singapore subsidiary and holding pre-emption rights, will make a primary subscription accompanied by certain investor rights. The Target operates in healthcare services including an online pharmacy marketplace, B2B pharmaceutical wholesale and logistics, and diagnostic services. The competition regulator approved the transaction and noted a detailed order will follow. News - Wed, 31 Jan 2024 15:36:38 +0530 https://www.taxtmi.com/news?id=27201