Singapore’s healthcare sector, up more than a quarter this year, may be running ahead of fundamentals, boosted by a bidding war for Asia’s biggest listed hospital operator Parkway Holdings.The Singapore stock exchange’s health sector index has jumped as much as 23.4 per cent in a rally which started at the end of May when Malaysia’s Khazanah announced its successful bid for Parkway after months of wrangling with Fortis Healthcare. Full Story
