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Preliminary talks on possible share transaction underway: Econ Healthcare

Shareholders and investors are advised to trade the company's shares with caution until further notice.

Econ Healthcare (Asia) Limited said it is in “preliminary discussions” about a possible transaction involving the company's shares.

“The Company has not made any decision with respect to and has not entered into any agreement for, such possible transaction and there is no certainty or assurance that any such transaction will materialise from such discussions,” the company said in a bourse filing

The company also added that it will make further announcements, following applicable rules, if any significant developments require disclosure.

Econ Healthcare stated that shareholders and potential investors should be aware that there is no guarantee a definitive transaction will occur or that an agreement will be reached.

Until further notice, they are advised to exercise caution when trading the company's shares.

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