RHT Health Trust

Company in the news

RHT Health Trust to delist on Jan 31

Following the delisting, RHT's unitholders will have their units withdrawn from the CDP; confirmation notes will be issued to them


Fortis Healthcare aborts plan to sell stake in RHT Health Trust and trustee manager

SINGAPORE (June 18): Fortis Hospitals, India's leading private hospital chain, has decided to close the bidding and search process to explore the possibility of sale of interest in RHT Health Trust (RHT) and RHT Health Trust Manager (RHTTM).

Broker's Calls

Forex weakness to impact RHT Health Trust's disposal of assets

SINGAPORE (June 14): CGS-CIMB Securities continues to rate RHT Health Trust a “hold”, but has lowered its target price on the group to 81 cents following its weak FY18 results, which was attributed to weakness of the INR to SGD.


RHT Health Trust posts 5.4% lower 4Q DPU of 1.06 cents on higher borrowings & expenses

SINGAPORE (May 25): The trustee-manager of RHT Health Trust has declared a 4Q18 distribution per unit (DPU) of 1.06 cents, down 5.4% from its quarterly DPU of 1.12 cents a year ago due to higher borrowings and expenses.

Broker's Calls

IHH Healthcare kept at 'add' pending further developments on bid for Fortis

SINGAPORE (Apr 17): CIMB is not revising IHH Healthcare's FY18-20 earnings estimates pending further developments on its bid for Fortis.

Broker's Calls

Second time lucky for IHH Healthcare in its quest for Fortis Healthcare?

SINGAPORE (Mar 20): The Economic Times reported that IHH Healthcare is set to launch a voluntary open offer for Fortis Healthcare. This comes nine months after walking out of bilateral talks with promoters Malvinder and Shivinder Singh who were then in co

Broker's Calls

RHT Health Trust kept at 'hold' with 92 cents target after execution of acquisition deal

SINGAPORE (Feb 14): CIMB is leaving its DPU estimates of RHT Health Trust unchanged and maintaining its "hold" call with 92 cents target price pending further details on the transaction in the upcoming circular.


RHT Health Trust signs master agreement to sell $957 mil asset portfolio to Fortis Healthcare

SINGAPORE (Feb 13): RHT Health Trust's trustee-manager and related parties have provided details of the sale of its entire asset portfolio to Fortis Healthcare which was first announced on Nov 15.

Broker's Calls

What’s the deal with Fortis' offer for RHT Health Trust?

SINGAPORE (Nov 16): DBS and CIMB are sticking to their “hold” calls on RHT Health Trust after receiving a proposed offer from Fortis Healthcare to buy out all of RHT’s assets.


RHT Health Trust declares 2Q DPU of 1.14 cents; gets offer from Fortis to acquire entire portfolio

SINGAPORE (Nov 15): The trustee-manager of RHT Health Trust has declared a 2Q18 DPU of 1.14 cents, down 6.5% from the DPU of 1.22 cents declared in 2Q17, on the back of higher costs from refinancing-related activities and higher interest costs.