Profit

Malvinder Singh on Parkway exit

PUBLISHED ON: July 26, 2010 | Duration: 22 min, 07 sec

  
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Fortis chairman Malvinder Mohan Singh, says the company’s S$3.80 a share ($2.3 billion) offer to acquire Parkway was very compelling. He however clarified that beyond that it didn’t make economic sense to keep upping that investment.
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