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IHH Healthcare and BGH, McDonalds and CPF
By Clueless Punter  •  January 5, 2015
IHH Healthcare and Bangkok Hospital (BGH), McDonalds and CPF. These were 2 news items that caught my attention today. IHH Healthcare is reportedly targeting a 11.5% stake in Bangkok Hospital, the Thai, acquisition-machine, behemoth otherwise known as Bangkok Dusit Medical Services. The Star broke the news about IHH possibly funding the stake with a mix of cash and issuance of new shares. The Straits Times reported the same news a few hours later (as usual!). And the latest from Reuters is BGH themselves refuting the news. ''BGH has not been contacted by IHH... BGH has no plan to issue new shares to IHH'', rest of article here. To put things in perspective, the 11.5% stake in BGH is worth slightly over S$1.2 billion when the first article was written, based on 17.20 baht per share. Today, BGH closed at 18 baht per share, up 4.......
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By Clueless Punter
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