Brief: RHT Health Trust Updates On Outstanding Amounts Due From Fortis Healthcare Ltd

RHT Health Trust

09/05/2018 14:44

May 9 (Reuters) - Rht Health Trust  RHTH.SI :
    * UPDATE ON OUTSTANDING AMOUNTS DUE FROM FORTIS HEALTHCARE
LIMITED
    * FHL PROVIDED UNDERTAKING TO PROCURE ITS UNIT PLEDGES ITS
HOLDINGS OF 64.1 MILLION SHARES IN LANKA HOSPITALS CORPORATION
PLC
    * LANKA SHARES ARE VALUED AT ABOUT INR 1,507 MILLION BASED
ON
LATEST CLOSING PRICE TRADED ON COLOMBO STOCK EXCHANGE AS AT 8
MAY 2018
    * PLEDGE REPRESENTS 28.66% OF ISSUED SHARES OF LANKA & IN
FAVOUR
OF RHT & FORTIS HOSPITAL TO SECURE PAYMENT OBLIGATIONS OF FHL
    * INR 257 MILLION REMAINS OUTSTANDING ON INTEREST INCOME ON
COMPULSORILY CONVERTIBLE DEBENTURES (CCD) DUE FOR 9M FY2018 FROM
FHL ENTITIES
    * SAYS INR 144 MILLION OF OUTSTANDING CCD INTEREST REMAINS
UNPAID
AS OF NOW

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZbgKZMN
Further company coverage:  RHTH.SI 

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