Key Developments: Fortis Healthcare Ltd (FOHE.NS)

FOHE.NS on National Stock Exchange of India

109.20INR
21 Nov 2014
Price Change (% chg)

Rs-2.85 (-2.54%)
Prev Close
Rs112.05
Open
Rs111.90
Day's High
Rs113.35
Day's Low
Rs108.60
Volume
333,794
Avg. Vol
433,552
52-wk High
Rs136.00
52-wk Low
Rs93.10

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Latest Key Developments (Source: Significant Developments)

Fortis Healthcare Ltd accepts resignation of Chief Executive Officer
Thursday, 13 Nov 2014 03:30am EST 

Fortis Healthcare Ltd:Accepted the resignation of Aditya Vij, Chief Executive Officer of the company.  Full Article

Fortis Healthcare Ltd announces appointment of Chief Financial Officer
Wednesday, 24 Sep 2014 02:53am EDT 

Fortis Healthcare Ltd:Says that it has appointed Gagandeep Singh Bedi as the Chief Financial Officer of the company with immediate effect.  Full Article

Fortis Healthcare Ltd's indirect subsidiary to divest RadLink-Asia Pte Ltd
Friday, 12 Sep 2014 07:15am EDT 

Fortis Healthcare Ltd:Says a indirect subsidiary - Fortis Healthcare Singapore Pte Ltd as decided to divest 100 pct shareholding in RadLink-Asia Pte Ltd and its subsidiaries, to Medi-Rad Associates Ltd for S$137 million.  Full Article

Fortis Healthcare Ltd's CFO resigns
Tuesday, 9 Sep 2014 03:59am EDT 

Fortis Healthcare Ltd:Says Sandeep Puri, group chief financial officer, has resigned from the services of the company.  Full Article

Cesca Therapeutics and Fortis Healthcare announce master collaboration agreement
Tuesday, 5 Aug 2014 05:59am EDT 

Cesca Therapeutics Inc and Fortis Healthcare Ltd:Says a master collaboration agreement that extends their important existing relationship.Agreement affirms Cesca's cellular therapy and cord blood bank at the Fortis Hospital Memorial Research Institute (FMRI) in Gurgaon, renews the cord blood banking collaboration and launches the stem cell therapy services for hematological diseases across the Fortis network.  Full Article

Fortis Healthcare Ltd announces purchase of operations of Fortis Hospital Limited
Tuesday, 25 Mar 2014 07:39am EDT 

Fortis Healthcare Ltd:Says board has approved purchase of operations of Fortis Hospital, Shalimar Bagh by the company from its subsidiary, Fortis Hospitals Limited on Slump Sale basis, as a going concern.Financial terms of the transaction were not disclosed.  Full Article

Fortis Healthcare Ltd Launches hospital in Ludhiana
Thursday, 16 Jan 2014 02:09am EST 

Fortis Healthcare Ltd:Says it has launched a 260 bed green-field hospital in Ludhiana.Says The multi -specialty facility underscores the commitment by Fortis to bridge the gap for healthcare services in the region.  Full Article

Fortis Healthcare Ltd's Subsidiary Completes Divestment Of Quality Healthcare To Bupa
Thursday, 24 Oct 2013 12:43am EDT 

Fortis Healthcare Ltd announced that with reference to the earlier announcement, regarding intimating decision of Board of one of the Company's step down subsidiaries, based out of Singapore i.e. Fortis Healthcare international Pte Ltd., to divest 100% holding in Altai Investments Limited, the holding Company for Quality Healthcare, Hong Kong, to Bupa, for USD355 million (the transaction). In this regard, Fortis Healthcare Ltd has informed that the transaction has been concluded on October 24, 2013.  Full Article

Fortis Healthcare Ltd's Fortis Healthcare International Pte. Ltd. To Divest Stake In Quality Healthcare To Bupa For USD355 Million
Monday, 14 Oct 2013 10:45pm EDT 

Fortis Healthcare Ltd announced that the Board of Fortis Healthcare International Pte. Ltd. which is one of the step down subsidiaries based out of Singapore, has decided to divest its 100% shareholding in Altai Investments Limited, the holding Company for Quality Healthcare, Hong Kong, to Bupa, for USD355 million. The deal is expected to be completed in October 2013.  Full Article

Fortis Healthcare Ltd Announces Resignation Of CEO
Thursday, 3 Oct 2013 12:46am EDT 

Fortis Healthcare Ltd announced that Mr.Vishal Bali, Group Chief Executive Officer (CEO), Fortis Healthcare Limited has resigned from the services of the Company. The Company has accepted his resignation and Mr. Bali will remain with the Company till end March 2014, to enable a smooth transition.  Full Article

IHH Healthcare to buy India's Fortis Healthcare's Singapore unit for $108.5 mln

KUALA LUMPUR, Sept 12 - Malaysia's IHH Healthcare Bhd, Asia's largest hospital operator by stock market value, said on Friday it is buying India's Fortis Healthcare Ltd's Singaporean diagnostic and molecular imaging unit Radlink-Asia Ptd Ltd for 346.53 million ringgit ($108.5 million).

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