New Delhi, Thursday, June 17, 2010: Fortis Healthcare Limited, one of Asia's largest private healthcare providers, said it is yet to decide on the voluntary conditional cash partial offer (the "Khazanah Partial Offer") by Khazanah Nasional Berhad, through its wholly-owned subsidiary Integrated Healthcare Holdings Limited to acquire 313,000,000 shares in Parkway Holdings Limited ("Parkway").
 
Reacting to the recent media speculation, the company spokesperson said: "The approvals by the Board on June 9 for raising further capital and/or equity linked securities and to increase the borrowing limit of the company to Rs.6,000 crore (Rupees six thousand crore) are merely enabling resolutions and are subject to the requisite approvals including from the shareholders (if necessary) and other regulatory bodies."

He further said, at this stage, the company 'wishes' to announce that it is keeping its options open in relation to the Khazanah Partial Offer and will continue to evaluate its options in the best interests of shareholders of the Company.

The company said it will make further announcement(s) on its response to the Khazanah Partial Offer as and when a decision has been reached.

Ref: newKerala