Apollo Hospitals

SINGAPORE (June 6): CIMB is maintaining its “add” call on IHH Healthcare Berhad as it believes the private hospital operator is on the hunt for an M&A target after having fully divested its stake in Apollo Hospitals.

SINGAPORE (May 19): IHH Healthcare reported 1Q earnings doubled to RM470 million ($151.2 million), following a RM313.4 million gain from the group’s divestment of a 6.07% stake in Apollo Hospitals.