RHT Health Trust done with disposal of portfolio to Fortis Healthcare

Singapore

RHT Health Trust has completed the disposal of its entire portfolio of healthcare assets to its controlling unitholder, India's Fortis Healthcare, for about S$895.55 million, and its trustee-manager is now considering various avenues available for RHT , including identifying a possible new business or the winding up of the trust.

RHT's trustee manager intends to distribute a substantial amount - no less than 95 per cent of the net pr…