TeleMedCare trading under administration (Australia)

Categories: Latest News.

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.