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Bangkok Dusit Medical falls after stake sale report

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Published: Tuesday, 9 Oct 2012 | 11:21 PM ET

BANGKOK, Oct 10 (Reuters) - Shares in Thai hospital firm Bangkok Dusit Medical Services Pcl fell more than 4 percent on Wednesday after a report key shareholders were selling a combined 13.7 percent at a price lower than the market.

By 0312 GMT, the shares were trading down 3.7 percent at 105.5 baht, after falling at one point to 104.5 baht.

Nearly 4 million shares changed hands in early trade, already 1.61 times the average full-day volume over the past 30 sessions.

The broad market was down 0.2 percent.

The deal would involve 212.2 million shares, to be sold at an indicative price range of 104 baht to 107 baht, or 2.3 percent to 5.0 percent below Tuesday's closing price, IFR reported, citing a term sheet.

(Reporting by Viparat Jantraprap; Editing by Alan Raybould)

((viparat.jantraprapaweth@thomsonreuters.com)(66 2 648 9733)(Reuters Messaging: viparat.jantraprapaweth.thomsonreuters.com@reuters.net))

Keywords: THAILAND BGH/SHARES FALL

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BANGKOK, Oct 10- Shares in Thai hospital firm Bangkok Dusit Medical Services Pcl fell more than 4 percent on Wednesday after a report key shareholders were selling a combined 13.7 percent at a price lower than the market. By 0312 GMT, the shares were trading down 3.7 percent at 105.5 baht, after falling at one point to 104.5 baht.

   
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