Asian Healthcare Specialists up 34.8% on partnership with Heliconia
Move is to pursue healthcare investments in S-E Asia as Heliconia has a strong network and regional expertise
Singapore
SHARES of Asian Healthcare Specialists (AHS) rose 34.8 per cent to S$0.24 on Thursday following news that it had entered a partnership with Temasek Holdings' Heliconia unit to pursue healthcare investments in South-east Asia, though some questioned if the deal was more favourable to Heliconia.
AHS said part of the investment will be funded with proceeds from convertible bonds it…
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Sanofi Q1 profit slips on generic competition, forex effects
Toyota hits record annual output, sales on robust demand
Latest Singapore 6-month T-bill offering cut-off yield of 3.74% as applications dip
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
Nissan, Mazda roll out new models for China as they aim for comeback
South Korea readies new system to detect illegal short-selling