Salter Point-based health care company Medec Ltd will acquire a 75.5 per cent stake in Singapore day spa group Atos Wellness Pte Ltd for $12 million in cash and scrip and change its name, the company announced today.

Salter Point-based health care company Medec Ltd will acquire a 75.5 per cent stake in Singapore day spa group Atos Wellness Pte Ltd for $12 million in cash and scrip and change its name, the company announced today.