NMC Health says 'disappointed' in founder Shetty's ownership disclosures

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NMC Health says 'disappointed' in founder Shetty's ownership disclosures
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NMC Health said on Tuesday it was 'disappointed' with the disclosures ...

FILE PHOTO: General view of NMC specialty hospital in Abu Dhabi, United Arab Emirates, February 11, 2020. REUTERS/Satish Kumar

Shetty on Monday resigned as co-chairman, creating further uncertainty for the UAE healthcare company, which has seen its shares collapse in the past few weeks on doubts about the shareholdings of its major investors. Shetty’s resignation came a week after UK regulators said they were looking into NMC following a disclosure that he had misstated the size of his NMC stake.

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