Change in strategy for Fortis India


Brotherly talk: File picture shows Shivinder (left) talking to Malvinder during a news conference in Singapore. Malvinder says they have their own reasons for the change in strategy, which include ‘cost and efficiency’ and ‘boosting of revenues.’ — Reuters

THE two Singh brothers of the healthcare industry in India are working towards making Fortis Heathcare Ltd asset-heavy once again.

This is a major shift in strategy and many in the healthcare world are wondering why the need to do so when just five years ago they parked the assets into a trust and listed it on the Singapore Stock Exchange.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , melvinder singh , fortis , ihh , khazanah , medical

   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read