RHT HealthTrust   

Religare H Trust

Looks like those voted no got bulldozed...

 

I will send proxy form NO later today

 

I have sent proxy form to vote NO.
Proxy to " chairman of the meeting" . Proxy forms to reach Boardroom by 2pm, 24 Sep 2018.

 

Thanks bud :)

naux22      ( Date: 07-Sep-2018 08:14) Posted: https://www.investingnote.com/stocks/SGX:RF1U firedrake      ( Date: 06-Sep-2018 22:52) Posted: Anyone can give a summary of the SIAS RHT Dialogue? I'm curious to know

 

https://www.investingnote.com/stocks/SGX:RF1U

firedrake      ( Date: 06-Sep-2018 22:52) Posted: Anyone can give a summary of the SIAS RHT Dialogue? I'm curious to know. lynn89      ( Date: 05-Sep-2018 21:36) Posted: SIAS is organising a meeting for RHT shareholders for tomorrow 7pm-9pm at MND Bldg

 

Anyone can give a summary of the SIAS RHT Dialogue? I'm curious to know.

lynn89      ( Date: 05-Sep-2018 21:36) Posted: SIAS is organising a meeting for RHT shareholders for tomorrow 7pm-9pm at MND Bldg

 

SIAS is organising a meeting for RHT shareholders for tomorrow 7pm-9pm at MND Bldg

 

Thanks Firedrake. 
Even without Fortis sponsorship (while it would be helpful), RHT has good assets to start with. Having a foothold in an emerging economy like India helps alot and provide a base to grow from. Seems to me this is an important strategic advantage, vs new entrants or outsiders. 
 

 

Though Fortis is the sponsor of RHT, it's somewhat not needed to give priority to RHT (e.g. Offer the sale of medical and healthcare assets to RHT first) The current trust deed only allows purchase of assets directly related to medical and healthcare (in layman term... Clinics, hospitals, hospices) ). I don't think old folks home is included. By expanding the current trust deed, only then can purchase / acquire assets such as those compliment healthcare and medical. It's written in the 29-Aug circular, do take time to read. Very lengthy but it contains a lot of info.

rocksteady      ( Date: 03-Sep-2018 18:21) Posted: I am wondering too. The medical care / hospital assets should become more valuable as the Indian economy grows. Why not try to position for growth (including acquiring more complementary medical assets) instead of selling and getting out? Afterall, this is a growing economy and the medical care industry is likely to improve in valuation as India' s standard of living (and demand for medical care) improves.

 

I am wondering too. The medical care / hospital assets should become more valuable as the Indian economy grows. Why not try to position for growth (including acquiring more complementary medical assets) instead of selling and getting out? Afterall, this is a growing economy and the medical care industry is likely to improve in valuation as India' s standard of living (and demand for medical care) improves. 

 

A no for me too.

 

Agree. Will vote against selling cheap. 

 

For me, I'll confirm plus chop vote "No" for Resolution 1 during the upcoming EGM. On 13-Feb-18, RHT made an announcement that the deal would bring every shareholders $0.88 per share. Now, we'll only getting $0.806. Minus 5%, we'll getting only $0.766 per share. This is absurd! Healthcare in India is in great demand. Those who know about the water crisis in India, will know there's going to be increasing cases of infectious diseases with each passing year. Therefore, I see no reason why we should sell the entire portfolio (as good as a chicken which lays golden eggs). Personally, Resolution 2 is reasonable since we'll be expanding its Authorized Business to include Business Space Assets on top of the current medical and healthcare business.

 

You may wish to go RHT Health Trust Investingnote for further discussions. Most think it' s better to vote ' against' at EGM.

 

Don' t get u??

lynn89      ( Date: 30-Aug-2018 23:09) Posted: cash offer 80.5 cts

 

cash offer 80.5 cts

 

stay listed as a cash trust (i.e. shell company) or may wind down eventually (i.e. unit holders will get whatever' s left)
there' s a 128 page circular -  http://rhtrust.listedcompany.com/news.html/id/676861

hardcopies should be otw to your mail box now

Dddoooon      ( Date: 29-Aug-2018 13:18) Posted: what happened to the units that we are holding after the deal is closed? sorry in advance if i am asking a stupid question.  velcronike      ( Date: 29-Aug-2018 13:17) Posted: there' s an offer (from Fortis) on the table for most of its assets. can get back 0.806 after txn fees RHT will be distributing bulk (c.95%), 0.766 of it as special distribution after the deal closes

 

what happened to the units that we are holding after the deal is closed?
sorry in advance if i am asking a stupid question. 

velcronike      ( Date: 29-Aug-2018 13:17) Posted: there' s an offer (from Fortis) on the table for most of its assets. can get back 0.806 after txn fees RHT will be distributing bulk (c.95%), 0.766 of it as special distribution after the deal closes. Dddoooon      ( Date: 29-Aug-2018 12:10) Posted: if sell in open market now.  newbie in stock market, accept what offer? what is the current offer price?

 

there' s an offer (from Fortis) on the table for most of its assets.
can get back 0.806 after txn fees
RHT will be distributing bulk (c.95%), 0.766 of it as special distribution after the deal closes.

Dddoooon      ( Date: 29-Aug-2018 12:10) Posted: if sell in open market now.  newbie in stock market, accept what offer? what is the current offer price?  pkli899      ( Date: 29-Aug-2018 11:54) Posted: You meant accept offer and lost 1K? Or sell in open market now

 

if sell in open market now. 
newbie in stock market, accept what offer? what is the current offer price? 

pkli899      ( Date: 29-Aug-2018 11:54) Posted: You meant accept offer and lost 1K? Or sell in open market now? Dddoooon      ( Date: 29-Aug-2018 11:45) Posted: Can anyone able help enlighten if should hold or release this stock? release will lost about $1k T_T