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Fortis Healthcare to acquire 23.9% of Parkway Holdings

Fortis Healthcare, India’s fastest-growing healthcare company, it would buy 23.9% of Singapore’s Parkway Holdings in healthcare service provider Parkway Holdings from TPG Capital (formerly Texas Pacific Group). Parkway has a network of 16 hospitals having 3,400 beds spread over six countries, including India. The deal size is estimated to be about US$685.3 million ($959.4 million). This deal will give the Indian hospital chain a foothold in Singapore and Malaysia and make it the biggest private hospital network in Asia.

Separately, Macquarie has raised Parkway Holdings target price to $3.45 from $3.19 on back of earnings forecasts upgrades. Macquarie believes Parkway remains the best proxy to Asian healthcare and Singapore’s medical tourism drive. It also tips imminent launch of medical suites at new Novena hospital as share price catalyst. Today, Parkway Holdings announced a soft launch for the phase 1 of the sale of Novena medical suites.

Look at the climb and the increase in trade volume for the past one week!

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Ho Ching named 5th most powerful and is mistaken as first lady by Forbes

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I wonder how can Forbes makes such a blunder. For a complete list, refer to here.

How to stop FortiClient from starting automatically?

Installed FortiClient recently but the challenge in disabling the application/service from running automatically on every start-up annoyed me. Attempt to stop 'FortiClient Service Scheduler' only return 'Parameter is incorrect' error message.

An article on Technet help solve my trouble. To stop FortiClient from starting automatically, try the following:
Shut down FortiClient from the system tray.
Run net stop fortishield on command prompt.
Run msconfig.
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ROC Training

13 Aug
I reached 高雄国际航空站 in the morning. Weather was not good and was in fact drizzling. A typhoon had just passed Taiwan. We alighted from the Eva Air plane right onto the runway where we were picked up by a shuttle bus to the arrival hall. The system could have been better if we alighted not on the runway and at a place with shelter.

We then took a bus from the airport straight to our camp, Hengchun Camp. The journey was long. It was too early a morning and so all the shops along the way were not opened. I could see mountains everywhere.

Hengchun Camp was more like an old camp to me. The camp was there for more than 30 years. The external looked average but then the internal revealed itself. More than 50 soldiers were made to live in a bunk! Fans were not enough! Toilets were at another block and so we actually had to cross to another block just to use the toilet. Toilet facilities were bad too. Some of the showers let out water that could boil an egg! Those were condemmed. The first d…