Reference is made to the announcement dated 22 December 2023 whereby M&A Securities had on behalf of the Company, announced that the additional listing application for the Proposals and the draft circular to shareholders in relation to the Proposals have been submitted to Bursa Securities for approval on the even date (“Listing Application”).
On behalf of the Board, M&A Securities wishes to announce that the Company has submitted an application to Bursa Securities for the withdrawal of the Listing Application (“Withdrawal Application”).
The decision of the Board was made in order to review the structure of the Proposed Acquisition (and consequently the Proposed Variation). The Board shall make the necessary announcement on the revised proposal in due course.
hope they will review and lower the acquisition price...
In 2024, DC Healthcare has expanded its reach by opening four Dr. Chong Clinics located in - Taman Molek (Johor Bahru) opened in 2024 February - Bandar Seri Botani (Ipoh) opened in 2024 February - Auto City (Pulau Pinang) opened in 2024 February - Publika (Kuala Lumpur) opened in 2024 April
as well as four DC Body outlets in - Auto City (Pulau Pinang) opened in 2024 February - USJ Taipan (Selangor) opened in 2024 March - Publika (Kuala Lumpur) opened in 2024 April - Bukit Indah (Johor Bahru) opened in 2024 April
With these latest additions, DC Healthcare now operates a total of 17 medical aesthetic clinics and 4 DC Body outlets nationwide
Opening new clinics generally entails significant initial costs, such as leasing of properties, obtaining medical equipment, recruiting, hiring, training of medical and support staff. Such initial set up costs for new clinics can be a considerable expense before these facilities reach their full operating potential. These expenditures contribute to the challenge of achieving optimal financial performance until the new facilities reach full operational capacity.
... Additionally, the launch of new clinics necessitates robust marketing campaigns to establish a presence in new markets, impacting short-term financial performance. It’s important to note that new clinics may require time to attain the patient volume needed for optimal financial outcomes, leading to thinner margins during the initial phase.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
EatCoconutCanWin
6,379 posts
Posted by EatCoconutCanWin > 1 month ago | Report Abuse
Buy in 0.280.. is time back to 50sen