Money on the markets
A maturing market amid the mayhem
Shares in Fortis Healthcare rose nearly 3 percent on Monday after Fortis said it is accepting Khazanah’s offer for Parkway.
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Fortis made S$116.7 million profit on its stake and will look for other opportunities in the region. The company’s chief financial officer also said that Fortis will be debt-free following the sale of its stake in Parkaway Holdings.
Do you think shares in Fortis will extend their rise on Tuesday?