Bangkok Dusit Medical Services Invests In Thailand's Bumrungrad Hospital

Posted on Feb 22, 2011 by Sergio Ulloa (G+)

Bangkok Dusit Medical Services (BGH) has acquired shares which will give the hospital group an 11 percent stake in rival private hospital operator Bumrungrad Hospital as the private health operator continues to strengthen the group's position in the Thailand healthcare market. The share purchase covers over 46 million ordinary shares in Bumrungrad Hospital representing 6.32 percent of the total issues and paid-up capital, together with 35 million units of non-voting depository receipts valued at 4.79 percent of the Bumrungrad business. The Bumrungrad Hospital is listed on the Stock Exchange of Thailand, with a total investment valuation in the region of US$91 million.

Read the rest of the Bangkok Dusit Medical Services Invests In Thailand's Bumrungrad Hospital article