IHH Healthcare (IHH)

Healthcare

IHH Healthcare says no wrongdoing found in Fortis investment

In its statement, IHH expressed its commitment to “stand firm” on Fortis’ side to “continue this growth journey”.
IHH has 'plenty [of] opportunities to grow' despite termination of Ramsay Sime-Darby acquisition: CGS-CIM - THE EDGE SINGAPORE

Broker's Calls

IHH has 'plenty [of] opportunities to grow' despite termination of Ramsay Sime-Darby acquisition: CGS-CIMB

CGS-CIMB is keeping its 'add' call and target price of RM8.07 ($2.50) on IHH.

M&A

Discussions between IHH to acquire Ramsay Sime Darby Health Care Sdn Bhd have been terminated

IHH Healthcare, on March 22, announced that it has proposed to acquire 100% of Ramsay Sime Darby Health Care Sdn Bhd
Analysts optimistic on IHH Healthcare on further recovery in core businesses - THE EDGE SINGAPORE

Broker's Calls

Analysts optimistic on IHH Healthcare on further recovery in core businesses

IHH is currently trading at a very attractive FY22 EV/ebitda of 14x, close to -2 SD of its historical range.

Results

IHH Healthcare reports earnings of RM612 mil for 2QFY2022, up 27% y-o-y

Revenue for the period increased 2% y-o-y to RM4.37 billion on continued growth in key markets.

Broker's Calls

High inflation could benefit healthcare industry based on historical trends: DBS

DBS analyst Rachel Tan says the pricing power of healthcare service providers could offset the inflationary cost pressures.
Parkway Life REIT reports DPU of 7.06% for 1HFY2022, assuages currency and rates exposure  - THE EDGE SINGAPORE

Results

Parkway Life REIT reports DPU of 7.06 cents for 1HFY2022, assuages currency and rates exposure

The renewed lease for the Singapore hospital commences this month
IHH Healthcare, Sequoia India and EDBI part of investors in medtech start-up Us2.ai’s US$15 million series A round - THE EDGE SINGAPORE

Funds

IHH Healthcare, Sequoia India and EDBI part of investors in medtech start-up Us2.ai’s US$15 million series A round

This investment will enhance the delivery of care by doctors and speed up the diagnosis of heart conditions for the public:IHH CEO
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