Media & Downloads
Press Releases

3 August 2005

KHAZANAH ACQUIRES STAKE IN APOLLO HOSPITALS ENTERPRISE LIMITED

Khazanah Nasional Berhad (“Khazanah”) is pleased to announce that, on 1 August 2005 Khazanah and its wholly owned subsidiary Bisikan Bayu Investments (Mauritius) Limited, completed its acquisition of 5.5 million shares at Rs.350 per share, representing approximately 13.2% equity stake in Apollo Hospitals Enterprise Limited (“Apollo”) for a cash consideration of USD44.23 million from TWL Holdings Limited (“TWL”).

Khazanah believes the investments in India’s leading private healthcare provider will present a strong platform to participate in the high growth opportunities of the Indian economy and the broader regional healthcare sector.

Appollo is listed on the National Stock Exchange of India Ltd, Madras Stock Exchange Ltd and Stock Exchange of Mumbai. Apollo is the largest private hospital group in India, with a market capitalization of Rs16.4 billion (USD377 million) on yesterday’s closing price of Rs.394.35 per share.

Issued by
Khazanah Nasional Berhad



Other Press Releases
7 October 2022

Statement by Dato’ Amirul Feisal Wan Zahir, Mana...

Read more  

24 August 2022

Galeri Khazanah to contribute towards Khazanah’s...

Read more  

6 July 2022

Khazanah’s Investments in Türkiye Underscore th...

Read more  

10 June 2022

Khazanah launches sustainability framework and tar...

Read more  

5 June 2022

Khazanah celebrates World Environment Day at Taman...

Read more  

20 May 2022

Khazanah forms strategic partnership to grow Cenvi...

Read more  

15 April 2022

Khazanah raises RM 535.5 million from CIMB Group H...

Read more  

2 March 2022

Khazanah continues growing its portfolio value, an...

Read more  

20 December 2021

Khazanah and Yayasan Hasanah pledge RM7.5 million ...

Read more  

29 October 2021

Statement by Dato’ Amirul Feisal Wan Zahir, Mana...

Read more