Edition:
India

Fortis Healthcare Ltd (FOHE.NS)

FOHE.NS on National Stock Exchange of India

140.40INR
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Latest Key Developments (Source: Significant Developments)

Fortis Healthcare Says Care Ratings Revised Rating On Co's Bank Facilities
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Fortis Healthcare Ltd ::FORTIS HEALTHCARE SAYS CARE RATINGS REVISED RATING ON LONG TERM - TERM LOAN TO CARE BBB- FROM CARE C, UNDER CREDIT WATCH WITH DEVELOPING IMPLICATIONS.FORTIS HEALTHCARE SAYS CARE RATINGS REVISED RATING ON FUND BASED OVERDRAFT TO CARE A3 FROM CARE A4, UNDER CREDIT WATCH WITH DEVELOPING IMPLICATIONS.  Full Article

Fortis Healthcare Dec-Qtr Consol Net Loss Widens
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Fortis Healthcare Ltd ::SAYS APPROVED APPOINTMENT OF VIVEK KUMAR GOYAL AS CHIEF FINANCIAL OFFICER.DEC QUARTER CONSOL NET LOSS 1.80 BILLION RUPEES VERSUS LOSS OF 191 MILLION RUPEES LAST YEAR.DEC QUARTER CONSOL INCOME FROM OPERATIONS 11.03 BILLION RUPEES VERSUS 11.21 BILLION RUPEES LAST YEAR.DEC QUARTER EXCEPTIONAL LOSS 1.28 BILLION RUPEES.  Full Article

RHT Health Trust Updates On Distribution Payment Date For Special Distribution Of 0.752 Singapore Dollars Per Unit
Friday, 18 Jan 2019 

Jan 18 (Reuters) - RHT Health Trust ::UPDATES ON DISTRIBUTION PAYMENT DATE IN RESPECT OF THE SPECIAL DISTRIBUTION OF 0.752 SINGAPORE DOLLARS PER UNIT TO UNITHOLDERS.TRUSTEE-MANAGER TO DISTRIBUTE ABOUT 95% OF NET PROCEEDS VIA SPECIAL DISTRIBUTION, RETAIN ABOUT S$32 MILLION.DIVIDEND RELATED TO ANNOUNCEMENT ON DISPOSAL COMPLETION OF ENTIRE ASSET PORTFOLIO OF RHT TO FORTIS.  Full Article

RHT Health Trust Says Fortis To Take More Time To Finalise Financing For Remaining Consideration
Monday, 31 Dec 2018 

Dec 31 (Reuters) - RHT Health Trust ::FORTIS INFORMED IT WILL REQUIRE SOME MORE TIME TO FINALISE FINANCING FOR REMAINING CONSIDERATION FOR COMPLETION OF PROPOSED DISPOSAL.FORTIS ALSO INFORMED THEY ARE CURRENTLY IN ADVANCED DISCUSSIONS WITH CERTAIN THIRD PARTY LENDERS.  Full Article

Yes Bank Says It Sold 12.3 Mln Shares Of Paid-Up Capital Of Fortis Healthcare
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Fortis Healthcare Ltd ::HAS SOLD 12.3 MILLION SHARES CONSTITUTING 2.1279 PERCENT OF PAID-UP SHARE CAPITAL OF FORTIS HEALTHCARE IN VARIOUS TRANCHES.SALE RESULTS IN CHANGE IN HOLDING OF THE BANK BY MORE THAN 2% OF TOTAL SHAREHOLDING OF FHL, FROM LAST DISCLOSURE MADE ON MARCH 15, 2018.  Full Article

Fortis Healthcare Says Open Offer Will Not Proceed As Per Timeline
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Fortis Healthcare Ltd ::PURSUANT TO COURT ORDER PUTTING HOLD ON CO'S SALE, OPEN OFFER WILL NOT PROCEED AS PER TIMELINE.  Full Article

IHH Healthcare Notes Supreme Court Of India Order
Monday, 17 Dec 2018 

Dec 17 (Reuters) - IHH Healthcare Bhd ::INDIA APEX COURT PASSED ORDER ON DEC 14 DIRECTING STATUS QUO ON SALE OF CONTROLLING STAKE IN FORTIS HEALTHCARE TO CO BE MAINTAINED.CLARIFIES THAT IHH, PPL AND UNIT NORTHERN TK VENTURE WERE NOT PARTY TO PROCEEDINGS BEFORE THE SUPREME COURT OF INDIA.ORDER DOES NOT IMPACT THE SUBSCRIPTION WHICH WAS COMPLETED ON 13 NOV.IHH, PPL AND UNIT NTK ARE IN THE PROCESS OF EVALUATING THE ORDER.  Full Article

IHH Healthcare Says All Conditions Precedent For Proposed Subscription As Set Out In Fortis SSA Fulfilled
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Fortis Healthcare Ltd ::IHH HEALTHCARE - ALL CONDITIONS PRECEDENT FOR PROPOSED SUBSCRIPTION AS SET OUT IN FORTIS SSA FULFILLED ON 13 NOV 2018.  Full Article

India's CCI Approves Acquisition Of Fortis Healthcare And Fortis Malar Hospital By Northern TK Venture
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Competition Commission Of India::COMPETITION COMMISSION OF INDIA APPROVES ACQUISITION OF FORTIS HEALTHCARE LIMITED AND FORTIS MALAR HOSPITAL LIMITED BY NORTHERN TK VENTURE PTE. LTD.  Full Article

RHT Health Trust Sold 1.5 Mln Units In Co To Fortis Healthcare International
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Fortis Healthcare Ltd ::SOLD 1.5 MILLION UNITS IN RHT HEALTH TRUST AT AVERAGE PRICE OF S$0.78 PER UNIT TO FORTIS HEALTHCARE INTERNATIONAL.  Full Article