Koh Brothers unit plans beauty clinics, spas in Singapore, Malaysia

SINGAPORE - Construction, property and engineering company Koh Brothers Group said its K-Skin unit has entered an agreement with Koracle to form a joint venture.

The plan is to set up beauty clinics and wellness spas in Singapore and Malaysia.

Koracle owns the trademark of a South Korean brand for dermatology and plastic surgery services.

The firm said the agreement is not expected to have a material impact on the net tangible assets and earnings per share for the financial year ending Dec 31.