Parkway Holdings share price increased with Fortis Healthcare investment

Share price of Parkway Holdings (P27.SI), one of the region's leading providers of healthcare services, ended higher by 1.538% to close at S$3.300. The push in share price coincides with Fortis Healthcare, India’s fastest-growing healthcare company, investment on the company. Mid March 2010, Fortis Healthcare announced its interest to acquire 23.9% of Parkway Holdings in a bid to expand its footprint in Asia. To date, Fortis Healthcare owns 24.67% of Parkway Holdings' shares.

Since 1 March 2010, share price of Parkway Holdings' has climbed from S$2.830 to the current S$3.300, and that's 16.6% in a month. October 2009 share price was in the range of S$2.140.