PARKWAY GROUP TRANSFERS 100 PCT STAKE TO PARKWAY PANTAI

KUALA LUMPUR, Aug 14 (Bernama) -- Parkway Group Healthcare Pte Ltd, an
indirect wholly-owned unit of IHH Healthcare Bhd (IHH), has transferred 100 per
cent stake in Parkway Healthcare Indo-China Pte Ltd (PHIC) to Parkway Pantai Ltd
for S$1.
In a filing to Bursa Malaysia today, IHH said following the internal
reorganisation, PHIC has become a direct wholly-owned unit of Parkway Pantai
Ltd.
Parkway Pantai is also an indirect wholly-owned unit of IHH.
IHH said the internal reorganisation will not have any effect on its issued
and paid-up capital, as well as substantial shareholders' shareholdings.
"There shall be no material effect on the earnings, net assets or gearing of
IHH for the financial year ending Dec 31, 2015," it said. -- BERNAMA
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