The US Federal Reserve has articulated its stance of tapering its bond purchases next year. This is likely to result in a rise in the 10- year bond yield in the US, which is viewed as the risk free rate. A taper is also likely to drive up the US dollar as its liquidity fades. When that materialises,...

KUALA LUMPUR (Sept 9): IHH Healthcare Bhd's share price rose as much as 38 sen or 5.94% to a record high of RM6.78 today. On market close, the stock pared some gains to close at RM6.61, with some 31.02 million shares traded, giving it a market capitalisation of RM58.03 billion. It was the fifth top...

Since Sept 2002, which is as far back as the FTSE REIT Index goes, REITs have outperformed the Straits Times Index by two times. Including distributions reinvested, the FTSE REIT Index has gained 520% these 20 years while the STI, with dividends reinvested, is up just 242%. In the past 10 years, the...

Analysts from CGS-CIMB Research, DBS Group Research and UOB Kay Hian are positive on IHH Healthcare’s results, as it reverses out of the red for the 1HFY2021 ended June. On Aug 26, the healthcare group reported earnings of RM858.9 million ($277.1 million) for the half-year period, compared to its ...

On Aug 26, IHH Healthcare announced revenue, Ebitda, and net income grew to RM8.2 billion, RM2.1 billion and RM858.9 million respectively in 1HFY2021, for the six months to June 30. Singapore’s Ebitda was RM890.3 million ($287 million), which comprises Parkway Pantai. ParkwayLife REIT is reported ...

THE following companies saw new developments that may affect trading of their securities on Friday:

HOSPITAL operator IHH Healthcare Berhad has posted a net profit of RM858.9 million (S$276.9 million) for the first half of 2021, swinging from a loss of RM440.4 million for the corresponding period last year.

HOSPITAL operator IHH Healthcare Berhad has posted a net profit of RM858.9 million (S$276.9 million) for the first half of 2021, swinging from a loss of RM440.4 million for the corresponding period last year.

IHH Healthcare Berhad announced that its 1HFY2021 ended June saw earnings of RM979.0 million ($315.7 million), reversing out of a RM598.8 million loss in 1HFY2020. This came on the back of a 34% increase in revenue to RM8.2 billion, compared to RM6.1 billion a year ago. The group explains that 1HFY2...

Yong Yean Chau, the unassuming and soft-spoken CEO of ParkwayLife REIT’s (PLife REIT) manager, describes the relationship between a healthcare REIT, its operators and master lessees as a collaboration. PLife REIT owns three hospitals in Singapore, where IHH Healthcare is the master lessee and an I...