Bigger coffers: Patients wait to collect their medication at an IHH Healthcare hospital in the Klang Valley. The firm’s balance sheet will be boosted by the sale of IMU Health.
IHH Healthcare Bhd
will see its balance sheet being bolstered following its proposed RM1.35bil sale of IMU Health Sdn Bhd.
Its gearing will drop to a very low level of 0.16 times from 0.21 times following the sale, with its net debt reducing by over 20% to RM4.58bil.
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