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Asian Healthcare Specialists up 34.8% on partnership with Heliconia

Move is to pursue healthcare investments in S-E Asia as Heliconia has a strong network and regional expertise

Published Thu, Jul 23, 2020 · 09:50 PM
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Singapore

SHARES of Asian Healthcare Specialists (AHS) rose 34.8 per cent to S$0.24 on Thursday following news that it had entered a partnership with Temasek Holdings' Heliconia unit to pursue healthcare investments in South-east Asia, though some questioned if the deal was more favourable to Heliconia.

AHS said part of the investment will be funded with proceeds from convertible bonds it…

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