HC Surgical Specialists Limited (Catalist:1B1) acquired 35% stake in Total Orthopaedics Pte. Ltd. from Dr. Seah Renyi, Benjamin for SGD 2.467 million on March 1, 2023. The Purchase Consideration will be satisfied in full in the following manner: (i) S$857,000 cash payment to Dr. Seah upon the commencement of his employment, which is intended to occur on or around 1 June 2023 or such other date as agreed between Dr. Seah and the Company; (ii) S$900,000 cash payment to Dr. Seah in April 2024 or such other date as agreed between Dr. 3 Seah and the Company; and (iii) S$710,000 cash payment to Dr. Seah in December 2024 or such other date as agreed between Dr. Seah and the Company.

HC Surgical Specialists Limited (Catalist:1B1) completed the acquisition of 35% stake in Total Orthopaedics Pte. Ltd. from Dr. Seah Renyi, Benjamin on March 1, 2023.