, Singapore
Logo from Don Agro International

Don Agro to acquire stake from Russian clinic group for $43.6m.

It will be bought from Khvicha Akubardia and Aleksander Sviridov.

Don Agro International Limited announced that JSC Tetra, a wholly-owned subsidiary, intends to acquire 99.99% and 11.50% of shares from 812 Capital LLC and Centre for Innovative Medical Technologies, respectively. 

It will be bought from Khvicha Akubardia and Aleksander Sviridov who both own shares in 812 Capital LLC and in CIMT.

The total acquisition cost for the proposed acquisition is $43,668,141.75. 

Based on the two companies’ unaudited accounts, book value and net tangible asset (NTA) value for the FY2023, is $1.1m. The net profits attributable to the target group for the same year is around $7.8m.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Exclusives

Monday.com picks Singapore for Southeast Asia expansion
Its in-house designers created Singapore-inspired artwork in the company's colors.
Tsuklio targets dual-income families in Singapore expansion
The Japanese meal subscription platform logged 3,000 pre-registrations before launch.
Choosier Asia buyers steer auctions toward rare art
Collectors are bidding harder for works with clear ownership histories.