Bangkok Dusit Medical Services has announced it will sell all its ordinary shares in Bumrungrad Hospital.
Bangkok Dusit Medical Services (BDMS) has announced it will sell all its ordinary shares in Bumrungrad Hospital (BH), totalling around 180.7 million shares that represent 22.71% ownership, in a 18.6-billion-baht deal, following an earlier decision not to take over BH.
The name of the buyer was not unveiled. The selling price is set at 103 baht per share.
Chai Sophonpanich, who holds a 1.29% stake in BH as of Aug 20, was reported on Tuesday to have denied purchasing BH shares from BDMS.
Up to 90.5 million shares will be sold through a high-volume transaction, also known as trade report-big lot, on the Stock Exchange of Thailand (SET) by tomorrow after BDMS “has received a confirmation from the…
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