IHH Healthcare

REITs

IHH’s Ebitda creates buffer for occupancy cost at ParkwayLife REIT

The occupancy cost as defined by rent/Ebitda of ParkwayLife REIT's Singapore hospitals is around 15% based on IHH's results

Cheng family raises stake in Wing Tai; funds sell PLife REIT and The Hour Glass

On July 9, Fidelity sold 347,700 shares of luxury watch purveyor The Hour Glass for $511,398 or an average of $1.47 each.
Analysts up target prices for Parkway Life REIT following renewal of Singapore hospitals' master lease - THE EDGE SINGAPORE

Broker's Calls

Analysts up target prices for Parkway Life REIT following renewal of Singapore hospitals' master lease

DBS and CGS-CIMB have raised their TPs to $5.75 and $5.05 respectively.
ParkwayLife REIT’s new master lease means sustainable rents for IHH Healthcare - THE EDGE SINGAPORE

REITs

ParkwayLife REIT’s new master lease means sustainable rents for IHH Healthcare

ParkwayLife REIT's new master lease agreement with sponsor will lift rents, DPU, and NAV
IHH to stretch balance sheet, on the lookout for acquisitions - THE EDGE SINGAPORE

Healthcare

IHH to stretch balance sheet, on the lookout for acquisitions

From a risk perspective, IHH prefers existing assets over greenfield projects
IHH records 933% y-o-y jump in 4QFY20 earnings - THE EDGE SINGAPORE

Results

IHH records 933% y-o-y jump in 4QFY20 earnings

IHH is on track to double its ROE
Rightsizing to achieve economies of scale - THE EDGE SINGAPORE

Company in the news

Rightsizing to achieve economies of scale

IHH Healthcare CEO Kelvin Loh believes operating a big hospital group is in the interest of both patients and shareholders

Covid-19

IHH Healthcare prepares to administer Covid-19 vaccine in 10 countries

The Malaysian company has a trained staff of 55,000 across 80 hospitals it runs from Turkey to Singapore.

Broker's Calls

'Better quarters ahead' for IHH Healthcare: CGS-CIMB

CGS-CIMB has maintained its 'add' rating on IHH Healthcare, and expects a better recovery in 2H20.

Healthcare

IHH looks beyond Covid; analysts see turnaround in 2HFY2020

The year 2020 has indeed been challenging for IHH’s Singapore operations because of Covid-19 and the practical closure of its borders, limiting inbound and medical tourists alike.
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