HealthBank signs MOU to buy stake in Wee Chwee Huat Scaffolding & Construction
Reuters2026/08/11 00:03- HealthBank signed a non-binding MOU to explore acquiring an investment stake in Wee Chwee Huat Scaffolding & Construction and its unit WCH Management Services.
- The target group operates scaffolding and temporary access services, worker training, and dormitory services in Singapore.
- Terms remain under negotiation, with consideration structure and valuation to be determined following due diligence and, if required, an independent valuation.
- The MOU runs for six months from its effective date unless replaced by a definitive agreement or terminated earlier.
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