KUALA LUMPUR: A report on Singapore-listed Parkway Holdings Ltd has revealed serious corporate governance concerns and could radically shape the outcome of the takeover battle for the company, according to Singapore Straits Times.The Parkway circular to shareholders on a takeover offer for the company by Khazanah Nasional Bhd revealed that the Indian company, Fortis Healthcare Ltd, dominates Parkway’s 13-member board of directors with its roughly 25% interest in the company. Full Story
