FORTIS HEALTHCARE LTD. - Fortis to realise value from divestment of stake in RadLink-Asia Pte Ltd to Medi-Rad Associates Ltd for SGD137,000,000BR

FORTIS HEALTHCARE LTD. - Fortis to realise value from divestment of stake in RadLink-Asia Pte Ltd to Medi-Rad Associates Ltd for SGD137,000,000BR_TAG

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12 Sep 2014
Fortis Healthcare Ltd has informed BSE that the Board of Fortis Healthcare Singapore Pte. Ltd. which is a subsidiary of Fortis Healthcare International Pte. Ltd., one of the step down subsidiaries based out of Singapore, has decided to divest 100% shareholding in RadLink-Asia Pte Limited and its subsidiaries, to Medi-Rad Associates Limited for SGD 137 million. The deal is subject to regulatory approvals in Singapore.<br/><br/>In this regard, the Company has submitted a copy of Press Release, titled "Fortis to realise value from divestment of stake in RadLink-Asia Pte Ltd to Medi-Rad Associates Ltd for SGD137,000,000".
View all announcements for FORTIS HEALTHCARE LTD.	Source: BSE India

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