GIC to invest in Indian Hospital Chain

[Watchman]

Fortis says GIC to defer preferential investment
MUMBAI
Fri Jun 25, 2010 12:04am EDT
Stocks

Fortis Healthcare Limited
FOHE.BO
Rs153.55
-2.85-1.82%
12:00am GMT+0800

MUMBAI June 25 (Reuters) -
Fortis Healthcare (FOHE.BO) said on Friday Singapore's GIC had decided to defer preferential investment
in the Indian hospital chain, but will evaluate participation in broader fund raising by Fortis.