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Keeping up with the drama at International Healthway Corp

In print this week

Keeping up with the drama at International Healthway Corp

Zavier Ong Published on Thu, Jan 26, 2017 / 5:01 PM GMT+8

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SINGAPORE (Jan 26): In the end, the extraordinary general meeting (EGM) requisitioned by dissident shareholders of International Healthway Corp (IHC) was only a sideshow to the drama that followed at the troubled company.

(See also: To be or not to be for International Healthway Corp)

On the day of the meeting, a major stake in the company changed hands, which could have implications for its outstanding bonds. An internal audit of the company’s affairs is also now underway.

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