ALLIANCE Healthcare Group is offering 32 million shares at S$0.20 per share as it seeks a listing on the Catalist board of the Singapore Exchange.
Alpine Investment Holdings - a vehicle held by chief executive officer Barry Thng Lip Mong, Loh Cher Zoong, Goh Tiong Jin and Yun Kok Onn - will have a stake of 64.2 per cent in the company’s post-invitation share capital. While the group does not have a fixed dividend policy, the board of directors intends to recommend and distribute dividends of at least 30 per cent of its net profits after tax for FY 2020 and FY 2021.
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