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Religare's Acquisition Of Mohali Hospital To Be Accretive To This High-Yielder's Future Distributions

Executive summary:

  • Religare Health Trust is currently one of the highest yielding trusts on the SGX.
  • Religare recently proposed to acquire a hospital in India.
  • The Indian healthcare industry is growing at a CAGR of 20%.
  • The acquisition of this hospital should increase the trust's distribution by 1.3% to 5.63%.


Religare Health Trust (OTC:RLGHF) is a Singapore-based business trust that owns a portfolio of hospitals located throughout the hugely populated nation of India. At the time of writing, the trust owned eight hospitals.

Source: Religare Health Trust

However, that may be about to change as the trust proposed earlier this month to acquire the Fortis Hospital in Ajitgarh, India. Ajitgarh was formerly known as Mohali, which is...

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