KUALA LUMPUR (Oct 14): Stressing the importance of its 32.9% stake in IHH Healthcare Bhd, Japan�s Mitsui & Co said it may create value to the hospital chain through new businesses, Nikkei Asian Review reported. The news portal quoted Mitsui CEO Tatsuo Yasunaga as saying that IHH could use its data...

Market volume stood at 4.39 billion worth RM3.13 billion. The healthcare index remained the top gainer since the early session, increasing 3.16%, followed by technology, rising 1.95%. �On the main index, 17 heavyweight counters recorded gains, led by Top Glove Corp Bhd which rose 24 sen to RM9, whil...

CGS-CIMB analyst Ngoh Yi Sin has maintained her “add” rating on IHH Healthcare, but with a lower target price of RM6.10 ($2.00) and lower earnings per share (EPS) forecast.  Ngoh has cut her EPS forecast for FY20-22 by 7.3-25.2% to reflect lower patient footfall and the slower return of for...

KUALA LUMPUR (Sept 1): After nearly a year, IHH Healthcare Bhd has completed its acquisition of Prince Court Medical Centre for RM1.02 billion. Prince Court is now the 16th hospital under IHH in Malaysia, the group said in a statement today. The acquisition from Khazanah Nasional Bhd was made via ...

HOSPITAL operator IHH Healthcare has completed its purchase of Prince Court Medical Centre for RM1.02 billion (S$330 million), almost a year after it first announced the proposed acquisition last September.

KUALA LUMPUR (Aug 27): IHH Healthcare Bhd has narrowed its losses to RM120.64 million or 1.64 sen per share in the second quarter ended June 30, 2020 (2QFY20), from RM319.79 million or 3.9 sen per share in the preceding quarter, on lower tax and in the absence of impairment on goodwill of its Global...

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

IHH Healthcare, in results announced Thursday, sank further into the red for its second quarter ended June 30, as it posted a net loss of RM120.6 million (S$39.5 million), compared to the RM185 million profit a year ago.

IHH Healthcare, which oversees Singapore-based Parkway Pantai and Gleneagles Hospital, has posted a net loss of RM120.6 million ($39.5 million) for 2Q20 ended June, from the RM185.0 million a year ago. This brings the total amount of losses for the group to RM440.4 million for 1H20 compared to earni...

SINGAPORE (June 30): CGS-CIMB analyst Ngoh Yi Sin is maintaining “buy” on IHH Healthcare with a target price of RM6.25 ($2.03), which is based on an unchanged sum-of-the-parts (SOTP) valuation. The rating comes after the release of IHH Healthcare’s 1Q20 results on Monday. The private healthcar...