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  • CIEL Healthcare announces the signing of the Asset Purchase Agreement for the taking over of Apollo Bramwell Hospital’s business operations

    6 Jan 2017

    In furtherance to the acceptance of its offer for the taking over of the business operations of Apollo Bramwell Hospital (‘ABH’), and as part of the completion process, CIEL Healthcare through its subsidiary, The Medical and Surgical Centre Limited, is pleased to confirm the signing of the Asset Purchase Agreement (‘APA’) together with all relevant parties, including the NIC Healthcare Limited. Pursuant to the terms of the said APA, the closing of the transaction is expected to be completed within a few weeks; and, subject to the successful fulfillment of conditions precedent, the operational take-over would be deemed to be effective as from 1 January, 2017. 

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