News Formal

Alliance Healthcare to make S$3.5m investment in startup Jaga-Me

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Alliance Healthcare to make S$3.5m investment in startup Jaga-Me.

It also asked for the Alliance Healthcare board's consideration and due diligence in reaching a valuation of S$6.37 million for Jaga-Me despite its net tangible assets of just S$388,000 and the lack of an independent valuation of the target company.

Alliance Healthcare also has a put and call option to buy out Jaga-Me's shareholders - excluding its founders and employee shareholders - if the startup's net operating profit after tax crosses S$1.5 million and/or its operating revenue is at least S$4 million, by June 30, 2023.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Property investment volume 'respectable' despite 31.8% drop in 2019: CBRERead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »