Corporate News     07-Sep-18
Fortis Healthcare update on inter-subsidiary transaction in respect of RHT Health Trust
Fortis Healthcare announced that RHT Health Trust Manager ('RHT-TM') which is a step down wholly-owned subsidiary of Fortis Healthcare ('FHL') has sold an aggregate of 1,500,000 Units in RHT Health Trust ('RHT') and the same was consummated on 05 September 2018 at an average price of SGD 0.78 per Unit to Fortis Healthcare International ('FHIL') which is a wholly-owned subsidiary of FHL. There will not be any change in FHL's total interest in RHT following the transaction and will remain at 27.82%.

FHIL
Entity Interest in RHT Before the Sale of Units (%) - 24.95
Interest in RHT After the Sale of Units (%) - 25.14

RHT TM
Entity Interest in RHT Before the Sale of Units (%) - 2.87
Interest in RHT After the Sale of Units (%) - 2.68

Previous News
  Fortis Healthcare appoints director
 ( Corporate News - 13-Sep-23   16:52 )
  Fortis Healthcare announces board meeting date
 ( Corporate News - 09-Nov-21   14:41 )
  Fortis Healthcare Q3 PAT spurts 290% YoY to Rs 117 cr
 ( Hot Pursuit - 12-Feb-22   11:38 )
  Fortis Healthcare rises for fifth day; adds over 94% this year
 ( Hot Pursuit - 31-Dec-21   12:55 )
  Fortis Healthcare to discuss results
 ( Corporate News - 20-May-22   15:12 )
  Fortis Healthcare to conduct board meeting
 ( Corporate News - 06-Feb-19   11:04 )
  Fortis Healthcare announces board meeting date
 ( Corporate News - 07-Aug-21   14:46 )
  Volumes soar at Narayana Hrudayalaya Ltd counter
 ( Hot Pursuit - 27-May-19   11:00 )
  Fortis Healthcare repays loan availed from Citi Bank
 ( Corporate News - 15-Jun-19   16:06 )
  Fortis Healthcare appoints director
 ( Corporate News - 11-Nov-23   12:03 )
  Fortis Healthcare completes acquisition of RHT assets
 ( Corporate News - 16-Jan-19   09:44 )
Other Stories
  Board of Delhivery approves alteration in capital clause of MoA
  05-Jul-24   19:32
  J B Chemicals & Pharmaceuticals appoints director
  05-Jul-24   19:30
  Infosys announces resignation of senior management personnel
  05-Jul-24   19:22
  JLR Q1 FY25 retail sales up 9% on YoY basis
  05-Jul-24   19:08
  Bajaj Auto launches world's first CNG motorcycle 'Freedom'
  05-Jul-24   18:59
  Agenda for board meeting of Power Grid Corporation of India
  05-Jul-24   18:46
  Board of Bank of Baroda approves raising additional capital up to Rs 7,500 cr in FY25
  05-Jul-24   18:06
  Vipul to hold board meeting
  05-Jul-24   17:15
  Markobenz Ventures to convene board meeting
  05-Jul-24   17:15
  Dhanashree Electronics to declare Quarterly Result
  05-Jul-24   17:15
Back Top