** Shares of Australia's Healthco Healthcare and Wellness REIT HCW.AX slump 6.2% to A$0.905, hitting record low
** HCW withdraws full-year funds from operations forecast
** Withdraws forecast after Healthscope, Australia's second-largest private hospital operator, failed to pay rent due for March on 11 of its facilities owned by HCW
** HCW says it has issued breach notices to Healthscope and that part of the payment has been received
** Stock down 10.8% YTD
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.