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The outlook for Asean's healthcare industry appears increasingly promising, driven by sustained demand for high quality healthcare services across the region.
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.
KUALA LUMPUR: IHH Healthcare Bhd has announced that it fully supports the government’s initiatives to address rising healthcare costs.
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.
KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: Stocks to watch today include Malaysian Resources Corp Bhd (MRCB), Sapura Energy Bhd, UEM Sunrise Bhd, Citaglobal Bhd and KNM Group Bhd.
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.
IHH Healthcare Bhd is confident of meeting the increasing demand for quality healthcare services via organic and inorganic growth.
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.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
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.
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, 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.
PETALING JAYA: Malaysia's private healthcare players are expected to see a continuous uptrend in inpatient admissions, more complex cases and patients traveling from abroad to obtain medical treatment here.
PETALING JAYA: Kenanga Research is positive on the longer term outlook of the healthcare sector, underpinned by the ageing population and rising affluence.
KUALA LUMPUR: Stocks to watch on Thursday include EP Manufacturing Bhd (EPMB), Bermaz Auto Bhd (BAuto), Mikro MSC Bhd, Kerjaya Prospek Group Bhd, Citaglobal Bhd, Alpha IVF Group Bhd and IHH Healthcare Bhd.
IHH Healthcare Bhd’s net profit increased to RM623mil in the second quarter ended June 30, 2024 (2Q24) from RM301mil in 2Q23.
KUALA LUMPUR: IHH Healthcare Bhd’s net profit increased to RM623 million in the second quarter ended June 30, 2024 (2Q FY2024) from RM301 million in 2Q FY2023.
KUALA LUMPUR: IHH Healthcare Bhd has proposed to acquire a 100% stake in Penang-based Island Hospital Sdn Bhd (IHSB), which has 600 beds, for RM3.92bil cash.
