Transaction Details
Nephrocare Health Care Services, Philippines Inc., an overseas step-down wholly-owned subsidiary of Nephrocare Health Services Limited, has entered into an Asset Transfer Agreement (ATA) with Assumption Dialysis Center.
Agreement Execution
- Agreement dated: August 14, 2026
- Agreement executed on: August 17, 2026
Transaction Purpose
Acquisition of identified assets relating to a dialysis center located at Daang Maharlika, Brgy. Bunga, Abuyog, Leyte, Philippines.
Consideration
Total consideration of PhP 75,000,000 (Philippine Pesos Seventy-Five Million Only).
Counterparties
- Purchaser: Nephrocare Health Care Services, Philippines Inc. (overseas step-down wholly-owned subsidiary of the Company)
- Seller: Assumption Dialysis Center
Relationship Status
- Purchaser is related to the company as its overseas step-down wholly-owned subsidiary
- Seller is not related to promoter/promoter group/group companies
- Transaction does not qualify as a related party transaction
Special Rights
No special rights such as right to appoint directors, first right to share subscription, or right to restrict changes in capital structure.
Additional Details
- No shareholding exists in the entity with whom the agreement is executed
- No loan agreements or issuance of shares involved
- No material cumulative borrowings from a party
- No details of nominee on board, potential conflict of interest, or other special disclosures required