FORTIS HEALTHCARE LTD. - Fortis to realize value from divestment of stake in RadLink-Asia Pte Ltd to Fullerton Healthcare Group Pte. Limited for SGD 111 million

Fortis Healthcare Ltd has informed BSE that the Board of Fortis Healthcare International Pte Ltd, a step down subsidiary of Fortis Healthcare Ltd (Fortis) based out of Singapore has disinvested 100% shareholding in RadLink-Asia Pte Limited and its subsidiaries to Fullerton Healthcare Group Pte. Limited for a consideration of SGD 111 Million. The deal is expected to be completed on or about May 12, 2015.<BR><BR>In this regard, the Company has issued a copy of Press Release dated May 01, 2015, titled "Fortis to realize value from divestment of stake in RadLink-Asia Pte Ltd to Fullerton Healthcare Group Pte. Limited for SGD 111 million".