
Clarification12 Aug 2026, 07:43 pm
Nephrocare Clarifies Subsidiary Status in Kazakhstan
AI Summary
Nephrocare Health Services Ltd has issued a clarification regarding its disclosure on May 26, 2026, concerning the incorporation of Nephrocare Services Kazakhstan LLP (NPHSK LLP). The company clarifies that NPHSK LLP is a step-down subsidiary, not a step-down wholly owned subsidiary. Nephrocare Health Services International Pte. Ltd. (NHSI), Singapore, a wholly owned subsidiary of Nephrocare Health Services Ltd, holds 99% of NPHSK LLP's charter capital, with the remaining 1% held by another participant. NPHSK LLP was incorporated in Kazakhstan to expand kidney care and dialysis services, with a charter capital of KZT 5,000,000 contributed in cash.
Key Highlights
- NPHSK LLP is a step-down subsidiary, not wholly owned.
- NHSI Singapore holds 99% stake in NPHSK LLP.
- NPHSK LLP aims to expand dialysis services in Kazakhstan.
- Incorporation involved KZT 5,000,000 cash consideration.
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