Parkway

Re: Parkway

Postby tinpeng » Mon Jul 26, 2010 2:34 pm

SINGAPORE (Dow Jones)--Integrated Healthcare (IHCH), a wholly owned unit of Malaysian sovereign wealth fund Khazanah Holdings, has revised its partial takeover offer for Parkway Holdings Ltd. (P27.SG) to a full offer, valuing the Singaporean healthcare company around S$4.5 billion, people familiar with the situation said Monday.

Integrated Healthcare will offer S$3.95 a share for the rest of Parkway shares it doesn''t already own, one person said. Integrated Healthcare curently owns 24.1% of Parkway Holdings.

The existing partial offer of S$3.78 per share ends Monday.

Khazanah is presently in a bidding war with India''s Fortis Healthcare Ltd. (532843.BY) for control of Parkway.

Last month, Fortis which owns a 25.3% stake in Parkway, launched a S$3.2 billion general offer for all of the Singapore company''s shares, offering S$3.80 per share.

Trade in shares of Parkway Holdings was halted ahead of an announcement by Integrated Healthcare.
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Re: Parkway

Postby helios » Mon Jul 26, 2010 3:16 pm

What's considered as "Integrated Healthcare" ??
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Re: Parkway

Postby helios » Mon Jul 26, 2010 3:28 pm

Oh.

Link: http://www.integratedhci.com/news_pr_detail.php?id=20

Fierce activity ... ... ...
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Re: Parkway

Postby kennynah » Mon Jul 26, 2010 4:51 pm

San San wrote:What's considered as "Integrated Healthcare" ??


It means, u check in for treatment if* a minor cut on your finger, and receive a brain scan :-)

(edited: * for... This word autofill is killing me :( )
Last edited by kennynah on Mon Jul 26, 2010 5:42 pm, edited 2 times in total.
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Re: Parkway

Postby iam802 » Mon Jul 26, 2010 4:54 pm

I assume Integrated Healthcare (IHCH) has won.

Congrats to those vested in Parkway.
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Re: Parkway

Postby millionairemind » Thu Aug 12, 2010 6:48 pm

August 12, 2010, 3.56 pm (Singapore time)

Parkway's Q2 net profit slips 9%

By ANGELA TAN

Parkway Holdings said on Thursday that its net profit for the seocnd quarter of 2010 slipped 9 per cent from a year ago to S$36.78 million.

Revenue was up 9 per cent at S$271.56 million.

Revenue from the Singapore Hospitals segment registered 11 per cent and 12 per cent growth in Q2 2010 and year-to-date, respectively.

Foreign patient numbers also registered an improvement, with the bulk of the increase coming from patients from Indonesia, Myanmar, Cambodia, Vietnam and Bangladesh.
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