SGX gives RHT a year to take winding up callTrustee-manager to plan new business satisfying Singapore Stock Exchange norms. Last month, the court questioned Fortis for using the Rs 4,...
24 Dec, 2019, 07.05 AM IST
How the future of Fortis Healthcare rests on the outcome of a high-stakes battleIt now has the interests of large corporations in India, Japan, Malaysia and Singapore tied up.
22 Dec, 2019, 09.35 AM IST
Religare Health Trust halts winding up plansMove after SC seeks inquiry into purchase of assets from trust by Fortis Healthcare using money from IHH. Last month, the court questioned ...
14 Dec, 2019, 07.32 AM IST
Singhs had nothing to do with Fortis when IHH invested in it: Rakesh JhunjhunwalaAce stock market investor says IHH Healthcare's open offer for Fortis is fair and should be allowed.
09 Dec, 2019, 08.30 AM IST
Will proceed with open offer once SC stay is lifted: IHH on Fortis HealthcareIHH said that it is seeking appropriate legal advice on the matter.
18 Nov, 2019, 01.08 PM IST
Fortis completes acquisition of RHT assetsThe transaction was approved by an overwhelming majority of Fortis shareholders with a voting in favour of the transaction in excess of 99 ...
15 Jan, 2019, 10.38 PM IST
Delhi High Court orders release of Rs 9 crore to Daiichi as first payment in Rs 3,500-crore arbitration awardMalvinder Singh had allegedly sold 45 lakh units held in RHT for around 3.5 million Singapore dollars towards payment of an EMI on a proper...
05 Sep, 2018, 11.39 PM IST
Fortis sells 18.2 mn units of RHT Health TrustElaborating further, the company said Mahesh Udhav Buxani has bought 12.2 million units while Splendid Asia Macro fund has bought 6 million...
31 May, 2018, 09.16 PM IST
Fortis shareholders approve acquisition of RHT Health Trust assetsIn a regulatory filing, the company said 98.32 per cent of the shareholders who participated in the process voted in favour of the resoluti...
05 May, 2018, 06.32 PM IST
Daiichi Sankyo spreading falsehood: FortisET reported on March 19 that Daiichi had written to ED seeking an investigation on allegations that the Singh brothers siphoned off money f...
23 Mar, 2018, 10.31 AM IST
Fortis, RHT Health extend discussion time by 30 daysFortis' board had approved the proposed acquisition of entire portfolio of RHT Health Trust (RHT) for an enterprise value of around Rs 4,65...
13 Jan, 2018, 08.46 PM IST
Fortis to buy realty assets back from RHT for Rs 4,650 croreThe healthcare chain has adopted the asset-light model whereby it had sold these assets to the trust and had taken them back on lease basis.
21 Nov, 2017, 12.12 PM IST
Fortis completes $14.9-million acquisition of Singapore firm ReligareThe company announced that it will fully acquire RHTTM, incorporated in Singapore, which acts as a trustee manager to Religare Health Trust...
03 Feb, 2016, 02.14 PM IST
Fortis arm acquires Religare Health Trust Trustee ManagerFortis Healthcare said one of its subsidiaries has entered into an agreement with RGAM Investment Advisors and other stakeholders.
26 Nov, 2015, 06.09 PM IST
Fortis Healthcare Q3 net zooms 26-fold to Rs 705.03 crore on RHT listing"Subsequent to the listing, as a sponsor to the trust, the company continues to hold 28 per cent of the common units of RHT," the company s...
12 Feb, 2013, 07.58 PM IST
- Fortis sponsored Religare Health Trust raises Rs 2,260 crore on Singapore Exchange
Following the listing, Fortis will continue to hold 28 per cent stake in RHT through its wholly-owned overseas subsidiary, it added.
19 Oct, 2012, 03.33 PM IST
- Religare Health to raise upto Rs 2,373 crore in Singapore IPO
Fortis Healthcare Ltd today said it proposes to raise up to Rs 2,373 crore through an initial public offering (IPO) of Religare Health.
28 Sep, 2012, 11.28 PM IST