24-May-18, The Edge Markets
Boustead Singapore announced that it is acquiring 100% of the shareholding of WhiteRock Incorporation (WRI), which comprises a group of 16 healthcare corporations operating in Singapore, China, Hong Kong, Malaysia and Thailand for SGD19 mn.
%20The%20Edge%20Singapore.jpg "Boustead acquires Asia focused healthcare business (c) The Edge Singapore")
Image: The Edge Singapore
WRI is an equipment and services provider for rehabilitative care, sleep care and sports science. Its primary focus is in addressing the needs of healthcare institutions caused by rising ageing populations.
Another area of focus of WRI is in the area of addressing mobility deficits of the elderly through transformative mobility equipment such as exoskeletons, robotics and adaptive fitness programmes.