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IHH Healthcare Bhd announces internal reorganisation

Sunday, 30 Mar 2014 08:00pm EDT 

IHH Healthcare Bhd:Parkway Pantai Limited (PPL) indirect wholly-owned subsidiary subscribes for 19,500,000 ordinary shares of S$4.90 each in Parkway Group Healthcare Pte Ltd (PGH) for total consideration of S$95,550,000.Prior to internal reorganisation, PGH was direct wholly-owned subsidiary of Parkway Holdings Ltd which in turn is direct wholly-owned subsidiary of PPL.Upon completion of Internal Reorganisation, PGH has become 70 pct direct owned subsidiary of PPL while remaining 30 pct is held by PHL. 

Company Quote

1 Jul 2015