Singhe Hospitals’ third largest shareholder, T. M. P. Tennakoon sold his 9.8 per cent just before the stock market closed on Thursday.
He sold 42,271,530 shares at Rs. 160 and the buyer is a local party, analysts said.
Singhe Hospitals’ went public with a Rs. 250 million IPO in 2015 offering a 25 per cent stake to the public or 100 million shares valued at Rs. 2.50 per share. (DEC)
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