KV Asia in Singapore aged care buyout

ONE IN EVERY THREE PEOPLE IN Singapore will be aged 65-plus by 2050, based on current birth rates and without an influx of youthful migrants. The country’s median age will rise to 55, up from the current level of 39. Just over the next seven years, the number of...

KV Asia buys Singapore skin care brand

KV Asia Capital has agreed to acquire Singapore-based Derma-Rx International Aesthetics (DIAL) from Indian skin care company Marico Kaya Enterprises. The financial terms of the deal were not disclosed. DIAL is a subsidiary of Marico’s Kaya Skin Clinics and sells...