Call Us +852 3113 1331
Mar
25

Mergers Expected in Thailand Healthcare Sector

Industry analysts are expecting the increase in merger and acquisition activity in Thailand's healthcare sector to continue. Thai healthcare providers are determined to integrate more with one another to give them a national competitive advantage over the large foreign multinationals now entering the market. Under the ASEAN Economic Community (AEC) agreements, by 2015 many industries will be increasingly…

Read more

Jul
27

Fortis Ends Bidding War Leaving Khazanah in Position to Buy Parkway

On Monday July 26th 2010, Fortis Healthcare Ltd. rescinded its SGD 3.2 billion (USD 2.3 billion) offer to buy remaining Parkway shares, leaving the subsidiary of Malaysian sovereign fund Khazanah, Integrated Healthcare…

Read more

Jul
02

Fortis Puts in Superior Bid for Outstanding Parkway Shares

Fortis Healthcare Ltd. has made an offer for all remaining shares in Asian healthcare provider, Parkway Holdings, which surpasses the bid previously put forward by Malaysian government-run bank, Khazanah Nasional Berhad. Previously, Khazanah bid S$ 1.18 billion (US$ 835 million) to more than double its stake

Read more

Jun
22

Cost of Medical Treatment in China heading skyward

The cost of receiving medical treatment in China's upscale private healthcare facilities in Shanghai and Beijing is on an astronomic rise, only this time the regular suspects of medical inflation, old age and larger numbers of lifestyle illnesses may not be to blame. It seems that the limited number of high-end medical facilities has given them a corner on the market, which they have fully taken…

Read more

Jun
02

Fortis and Khazanah vying for control of Parkway Healthcare

Fortis Healthcare, an Indian company, and Khazanah Nasional Berhad, the Malaysian government's investment holding arm are in the middle of a battle over control of Singaporean healthcare group, Parkway Holdings. Khazanah recently offered S$ 1.18 billion (US$ 835 million) through its subsidiary, Integrated Healthcare, to increase its stake in Parkway to 51.5%, thereby controlling the company.…

Read more