PETALING JAYA: IHH Healthcare Bhd is confident of meeting increasing demand for quality healthcare services via organic and inorganic growth, underpinned by the growing healthcare needs both locally and from around the region.
IHH Healthcare Bhd is confident of meeting the increasing demand for quality healthcare services via organic and inorganic growth.
KUALA LUMPUR: Stocks to watch today include Malaysian Resources Corp Bhd (MRCB), Sapura Energy Bhd, UEM Sunrise Bhd, Citaglobal Bhd and KNM Group Bhd.
KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
PETALING JAYA: The tussle between IHH Healthcare Bhd, Asia’s biggest private healthcare provider, and Daiichi Sankyo Co Ltd, a pharmaceutical firm, over IHH’s open offer for the 26% of shares in Fortis Healthcare Ltd that the company does not own may not see a definitive outcome anytime soon despite an initial lawsuit being filed in November 2023 by an IHH subsidiary.
KUALA LUMPUR: IHH Healthcare Bhd’s unit is seeking compensation ranging from 4.24 billion rupees (RM200mil) to 109.3 billion rupees (RM5.7bil) from Japan's Daiichi Sankyo for its stake purchase in India's Fortis Healthcare Ltd.
IHH Healthcare Bhd says its unit is seeking compensation of up to 109.3 billion rupees (RM5.46bil) from Japan’s Daiichi Sankyo for its stake buy in India’s Fortis Healthcare.
IHH Healthcare Bhd is looking to add about 300 beds over the next three to five years through ongoing asset enhancement initiatives (AEIs) across its hospitals.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: IHH Healthcare Bhd has announced that it fully supports the government’s initiatives to address rising healthcare costs.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
PETALING JAYA: IHH Healthcare Bhd is forecast to record three-year forward revenue and earnings before interest tax depreciation and amortisation (Ebitda) at a compounded annual growth rate (CAGR) of 13% overall.
PETALING JAYA: Analysts remain upbeat on IHH Healthcare Bhd’s business prospects in Penang, driven by the affluent population and the state’s thriving health tourism sector.
PETALING JAYA: IHH Healthcare Bhd’s prospects remains intact underpinned by its regional footprint across key regions, expansion pipeline and demand for healthcare services, analysts say.
KUALA LUMPUR: IHH Healthcare Bhd said it is confident over its trajectory as healthcare needs continue to grow both locally and around the region.
KUALA LUMPUR: IHH Healthcare Bhd, through its subsidiary Pantai Holdings Sdn Bhd, has launched its first RM4bil Sukuk issuance under its newly established RM15bil Sukuk Wakalah Programmes.
KUALA LUMPUR: Stocks to watch on Friday include CIMB Group Holdings Bhd, Tenaga Nasional Bhd (TNB), Genting Bhd, Genting Malaysia Bhd, Capital A Bhd, IHH Healthcare Bhd, Hong Leong Bank Bhd, Sime Darby Bhd and Alliance Bank Malaysia Bhd.
KUALA LUMPUR: Malaysia's stock benchmark climbed higher in morning trade on the back of big gains in IHH Healthcare and PETRONAS Dagangan.
Earnings growth for IHH Healthcare Bhd may be decent, but it is not as attractive compared with other similar large defensive stocks, says UOB Kay Hian Research (UOBKH Research).
Despite a positive outlook on IHH Healthcare Bhd, the recent strengthening of the ringgit could negatively impact contribution from its overseas markets.