Econ EQT to buy Singapore-listed China Healthcare


SINGAPORE, March 5 |
Sun Mar 4, 2012 10:48pm EST

SINGAPORE, March 5 (Reuters) – Singapore-listed China
Healthcare Ltd, which owns and manages medicare
centres and nursing homes in Singapore and Malaysia, said on
Monday Econ EQT Investment Pte Ltd has offered S$0.28 per share
to acquire the firm.

Econ EQT Investment Pte Ltd is 51 percent owned by Econ
Investment Holdings Pte Ltd. Hemma Holding Ltd, controlled by a
group of private equity funds, holds the remaining 49 percent.

(Reporting by Eveline Danubrata)