Manager of RHT Health Trust sells units to Fortis subsidiary
Add BT as a preferred sourceTHE manager of RHT Health Trust has sold an aggregate of 1.5 million units in RHT Health Trust to Fortis Healthcare International, a wholly owned subsidiary of Fortis Healthcare.
These units were received by the manager as payment of fees on Sept 5 at an average price of S$0.78 per unit.
The real estate investment trust (Reit) manager is also an indirect wholly owned subsidiary of Fortis Healthcare, so there is no change in Fortis Healthcare's total interest in RHT Health Trust, which stands at 27.82 per cent.
The Reit manager's stake in the trust has fallen from 2.87 per cent to 2.68 per cent.
Units in the trust closed unchanged at S$0.755 on Thursday.
Share with us your feedback on BT's products and services
TRENDING NOW
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
With tech for fact-checking to cancer care, Singapore startups aim beyond home
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Why Asean matters more than ever to the UK and Singapore
