IHH Healthcare (IHH)

Results

IHH Healthcare's earnings plummet 92% in 4Q, but declares dividend of RM4 cents

IHH Healthcare group is pursuing a new strategy for the next decade, says Kelvin Loh, IHH’s Managing Director and CEO.

Healthcare

IHH's journey to become one of the largest healthcare groups in the world

SINGAPORE (Apr 15): With operations in more than 10 countries, IHH Healthcare may be one of the world’s largest healthcare groups in the world. But it still has to grapple with rising costs, competition and scandal. The Edge Malaysia recently caught up

Results

IHH Healthcare reverses into the red in 3Q on forex losses

SINGAPORE (Nov 27): IHH Healthcare reported an attributable loss of RM104.1 million ($34.2 million) for the 3Q ended Sept, compared to earnings of RM82.1 million a year ago.

Results

IHH Healthcare reports 48% fall in 2Q earnings to $55 mil on absence of divestment gain

SINGAPORE (Aug 28): IHH Healthcare, the private healthcare operator which acquired a controlling stake in India’s second-largest hospital chain Fortis Healthcare in July, reported a 48% fall in 2Q18 earnings to RM165.11 million ($55 million) from a year

Broker's Calls

Raffles Medical a potential beneficiary of new healthcare initiatives

SINGAPORE (Aug 21): Raffles Medical Group, which operates over 80 CHAS-approved clinics in Singapore, could see a lift in its local patient load given the new healthcare initiatives launched by the government.

IHH extends validity of offer for Fortis by two weeks

(May 18): IHH Healthcare has extended by two weeks the validity of its enhanced revised offer to acquire a stake in India’s leading hospital chain Fortis Healthcare.

Broker's Calls

IHH Healthcare kept at 'add' pending further developments on bid for Fortis

SINGAPORE (Apr 17): CIMB is not revising IHH Healthcare's FY18-20 earnings estimates pending further developments on its bid for Fortis.

M&A

IHH gets right of first offer to acquire Prince Court Medical Centre from Khazanah

SINGAPORE (Mar 23): A move by Malaysia's IHH Healthcare to buy Prince Court Medical Centre from Khazanah Nasional would be seen as positive, according to Malaysia's MIDF Research.

Broker's Calls

Taking the pulse of Singapore healthcare stocks in 2018

SINGAPORE (Jan 8): Although healthcare stocks in Singapore underperformed last year largely due to the setting up of new hospitals overseas, CIMB says the sector would be rerated once they stabilised.

Broker's Calls

IHH Healthcare’s home advantage keeps it at ‘add’

SINGAPORE (Aug 24): CIMB is maintaining its “add” call on IHH Healthcare with a target price of RM6.99 ($2.22).
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