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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment, Market

Hospital giant adds to portfolio

Posted on 17 February 2011

From Bangkokpost.com: The country’s largest hospital group has added to its growing market strength with a substantial purchase of shares in highly rated Bumrungrad Hospital in Bangkok. The Singapore government’s investment arm, Temasek Holdings, was reported to have sold 42.66 million shares, or 5.86%, for 29.25 baht apiece. An unnamed shareholder sold 49.13 million shares, or 6.74%.
Bangkok Dusit Medical Services (BGH) told the Stock Exchange of Thailand yesterday it had bought 46.1 million shares, or 6.32%, of the paid-up capital of Bumrungrad Hospital (BH) and 35 million units, or 4.79%, of the hospital’s non-voting depository receipts, which are like shares but have no voting rights……………………………………….Full Article: Source

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