Temasek and UAE firm buy 12% of Thai hospital


  • Business
  • Saturday, 21 Jan 2006

BANGKOK: Singapore's Temasek Holdings Ltd and Istithmar PJSC of the United Arab Emirates will buy an almost 12% stake in Bumrungrad Hospital Pcl, Thailand's second biggest publicly traded hospital operator. 

The two companies would purchase 86.7 million Bumrungrad shares for 2.2 billion baht (US$55mil) or 25 baht per share, the Bangkok-based company said in an e-mail statement yesterday.  

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