TeleMedCare trading under administration (Australia)

It looked like something was up when TeleMedCare’s UK website address started redirecting to its parent Australian company site, and this item from Proactive Investors indicates what: Pharmaceutical and healthcare group Stirling Products has reported it proposes to acquire a controlling 65 per cent interest in TeleMedCare Holdings Pty Limited from the Administrator. It’s good to see that TeleMedCare is still a going concern despite what must be a very difficult patch.