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Healthcare
Medical group Foundation Healthcare raises $400 mil in nine months, projects speedier growth in 2024
Besides Seatown, other investors include East Ventures and EMTEK
December 13, 2023
Results
IHH Healthcare doubles earnings to RM532.1 mil for 3QFY2023
IHH benefited from higher patient volumes and improved case mix during the quarter.
November 30, 2023
Company in the news
IHH Healthcare's Fortis announces divestment of Chennai hospital for INR1.28 bil
The divestment includes the business operations of Malar Hospital as well as its related real estate assets.
November 24, 2023
M&A
IHH Healthcare’s indirect wholly-owned Pantai Holdings acquires Bedrock Healthcare for RM245 mil
The acquisition is expected to be completed by the first half of 2024.
August 10, 2023
Tourism
The resurgence of medical tourism
As borders reopen, private healthcare providers are experiencing a boost to their businesses & supporting growth to other sectors
August 03, 2023
Sustainability
IHH Healthcare announces sustainability commitments in launch of first standalone sustainability report
IHH’s sustainability goals were set out across four stakeholder pillars, which are "patients", "people", "public" and "planet".
May 02, 2023
Healthcare
Large-cap healthcare stocks: Hefty, hearty and healthy
Covid-19 may be over, but these hospital players are still seeing growth from the economic recovery.
March 09, 2023
Results
IHH Healthcare reports FY2022 earnings of RM1.55 bil, 16.9% lower y-o-y
A first and final dividend of 2.16 cents has been declared for the year.
February 28, 2023
Healthcare
PLife REIT and IHH Healthcare conduct major refurbishment works at Mount Elizabeth Hospital
The project, which will cost $350 million, will be jointly funded by both PLife REIT and IHH Healthcare.
January 03, 2023
Broker's Calls
Private hospitals may benefit from rise in Covid-19 cases: DBS
DBS has kept “buy” on Raffles Medical Group and IHH Healthcare with target prices of $1.63 and RM7.90 ($2.37) respectively.
October 25, 2022