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April 29, 2008

Medi Spas to Expand in India

Pacific Healthcare Holdings is expanding its presence in India via a joint venture that will invest 10 million Singapore dollars (7.2 million US dollars) in the healthcare sector over the next three years, executives said on Wednesday.  The Birla-Pacific MedSpa will be 50 per cent owned by India's Yash Birla's Group, 42.5 per cent held by Pacific Healthcare and 7.5 per cent by a dermatologist based in India.

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