AcquisitionsMay 4, 2026, 09:06 AM
Mobile-health Network Solutions to Acquire BIMA & MM Helix for $119M
AI Summary
Mobile-health Network Solutions (MNDR) announced a non-binding Strategic Cooperation Framework MOU with Hector Capital Holdings Pte. Ltd. Under the framework, Hector Capital will invest up to US$119 million into MNDR to support the acquisition of majority shareholdings in MILVIK Singapore Pte. Ltd. (BIMA) and M&M Helix Pte. Ltd. This strategic partnership aims to accelerate MNDR's AI-powered healthcare expansion across Asia and Africa, integrating BIMA's healthcare ecosystem and MM Helix's AI-powered platform.
Key Highlights
- Hector Capital to invest up to US$119 million in MNDR for acquisitions and general corporate purposes.
- MNDR to acquire majority stakes in MILVIK Singapore Pte. Ltd. (BIMA) and M&M Helix Pte. Ltd.
- BIMA is a healthcare platform operating across Asia and Africa, serving millions of customers.
- MM Helix is a Singapore-based AI-powered telemedicine and patient care platform.
- Acquisition consideration will be consistent with an independent valuation and subject to regulatory approvals.
- Partnership aims to accelerate growth, enhance efficiency, and broaden healthcare access in Asia and Africa.