FORTIS NSE filing

IHH Healthcare Berhad announces updates on Fortis & Malar Open Offers

The RealCase readMedium impact Neutral

IHH announces updates on open offers for Fortis & Malar shares. Post tendering period close on Nov 4, 2025, IHH's indirect holding in Fortis will be 31.17% and in Malar 62.73%.

Why it matters

The announcement provides information on the completion of the open offer and resulting shareholding, which is relevant to investors but doesn't indicate major strategic shifts.

The market read

The announcement is a factual update on the completion of the tendering period for the open offers and the resulting changes in shareholding.

* IHH Healthcare Berhad announced updates regarding the open offers for Fortis Healthcare Limited and Fortis Malar Hospitals Limited. * Northern TK Venture Pte Ltd, an indirect wholly-owned subsidiary of IHH, undertook a subscription of 235,294,117 new equity shares in Fortis through preferential allotment. * Open offers were made to acquire additional shares: up to 197,025,660 Fortis shares (26.10% of expanded voting share capital) and up to 4,894,308 Malar shares (26.11% of the voting share capital of Malar). * The tendering period for the Fortis and Malar Open Offers closed on 4 November 2025. * BSE Limited confirmed the shares tendered and accepted on 7 November 2025. * As of 8 October 2025, IHH indirectly held 235,294,117 Fortis shares (31.17%) and 11,752,402 Malar shares (62.71%). * Acceptances were received for 1,778 Fortis shares and 4,523 Malar shares during the tendering period. * Post completion, IHH will indirectly hold 235,295,895 Fortis shares (31.17%) and 11,756,925 Malar shares (62.73%). * IHH will make further announcements to Bursa Securities regarding any material developments.

Filing to action

What to do with a filing like this

Fortis Healthcare Limited filed this with the NSE as a statutory disclosure, categorised under substantial acquisition of shares and takeovers. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Fortis Healthcare Limited. Read the original for the full detail.

View original filing