May 9, 2018 / 1:45 PM / 14 days ago

BRIEF-RHT Health Trust Updates On Outstanding Amounts Due From Fortis Healthcare Ltd

May 9 (Reuters) - Rht Health Trust:

* UPDATE ON OUTSTANDING AMOUNTS DUE FROM FORTIS HEALTHCARE LIMITED

* FHL PROVIDED UNDERTAKING TO PROCURE ITS UNIT PLEDGES ITS HOLDINGS OF 64.1 MILLION SHARES IN LANKA HOSPITALS CORPORATION PLC

* LANKA SHARES ARE VALUED AT ABOUT INR 1,507 MILLION BASED ON LATEST CLOSING PRICE TRADED ON COLOMBO STOCK EXCHANGE AS AT 8 MAY 2018

* PLEDGE REPRESENTS 28.66% OF ISSUED SHARES OF LANKA & IN FAVOUR OF RHT & FORTIS HOSPITAL TO SECURE PAYMENT OBLIGATIONS OF FHL

* INR 257 MILLION REMAINS OUTSTANDING ON INTEREST INCOME ON COMPULSORILY CONVERTIBLE DEBENTURES (CCD) DUE FOR 9M FY2018 FROM FHL ENTITIES

* SAYS INR 144 MILLION OF OUTSTANDING CCD INTEREST REMAINS UNPAID AS OF NOW Source text for Eikon: Further company coverage:

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