Concord Medical acquires Fortis Surgical Hospital in Singapore for SGD 55 million

Saturday, March 28, 2015

Fortis Healthcare announced that the Board of Fortis Healthcare International, a step down subsidiary of the Company based out of Singapore has decided to disinvest 100 % shareholding in Fortis Healthcare Singapore which holds and operates Fortis Surgical Hospital to Concord Medical Services (International) (CCM), for a consideration of SGD 55 million. The deal is expected to be completed on or about 06 April 2015.