IHH Healthcare Berhad (IHH)

IHH Healthcare took a hit during the pandemic as patients postponed surgeries and medical tourism — a key revenue source for some hospitals — vanished. With Covid-19 no longer a global medical emerge

Kent operates the largest private hospital in Izmir as well as two medical centres in the city.

IHH Healthcare is teaming up with the Ministry of Health Malaysia to make cancer treatment much more accessible.

The potential acquisition of Mount Elizabeth Novena Hospital by the REIT would raise UOBKH's target price to $5.42.

Shares in IHH closed 5 cents lower or 2.4% down at $2.03 on March 29.

Under the indicative proposal, the conditional indicative enterprise value for Ramsay Sime Darby is at 5.67 bil ringgit

Will China's crackdown extend to the healthcare sector?

Shares in IHH closed 1 cent lower or 0.45% down at $2.20 on Jan 5.

Of the brokerages, DBS and UOB Kay Hian have upped their estimates to $2.32 or RM7.20 and RM6.40 respectively.

This brings the total amount of losses for the group to RM440.4 million for 1H20 compared to earnings of RM274.5 million in 1H19.