Parkway Holdings (P27.SG) may rise on hopes of firm demand for healthcare group’s medical suites, which company has put up for sale at prices higher than market expectations, said Dow Jones Newswires.
Anticipation of Parkway selling medical suites at its upcoming Novena hospital in Singapore has been building up for over a year, with analysts tipping sale as catalyst for share price as move expected to help drive earnings, beef up balance sheet.
