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Medi Lifestyle to Acquire 60% Stake in EM2AI for Nearly SG$7million

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Medi Lifestyle (SGX:Z4D) has agreed to acquire a 60% stake in the issued share capital of EM2AI for SG$6.76 million from Q & M Dental Group (Singapore), according to a Sunday filing to the Singapore stock exchange.

The deal will be executed via the issue of 138 million new Medi Lifestyle shares at SG$0.049 each. Profit targets are set at SG$1 million in fiscal 2027, SG$1.5 million in fiscal 2028 and SG$2.5 million in fiscal 2029, the filing said.

The company said the acquisition will provide entry into technology‑enabled healthcare with commercialization potential across dental networks. Medi Lifestyle also plans a private placement to fund expansion and strategic growth initiatives.

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