Asset Acquisitions and Disposals::Partial Disposition of Investment in Associated Company

Issuer & Securities

Issuer/ Manager
BANGKOK DUSIT MEDICAL SERVICES PUBLIC COMPANY LIMITED
Securities
BANGKOKDUSITMED THB10BCB190918 - XS1108673440 - 16JB
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
28-Apr-2017 18:44:46
Status
New
Announcement Sub Title
Partial Disposition of Investment in Associated Company
Announcement Reference
SG170428OTHR6LZL
Submitted By (Co./ Ind. Name)
Bangkok Dusit Medical Services PCL
Designation
Mrs. Narumol Noi-am
Effective Date and Time of the event
28/04/2017 17:00:00
Description (Please provide a detailed description of the event in the box below)
Approved the Company to dispose the equity investment in Bumrungrad Hospital Public Company Limited ( BH ) totaling 25,189,494 shares, or 3.45% of issued and paid-up shares of BH, to an institutional investor who is not related to the Company, at the price of THB 179 per share, totaling amount of approximately THB 4,508.92 million on 28 April 2017. BH will remain our associated company after this transaction. Holding stake in BH by the Company

- prior to this transaction was 23.95%
- after this transaction is 20.50%

Attachments

BH disposition 280417_E.pdf
Total size =175K