IHH Healthcare to buy stake in India's Global Hospitals for S$273m

28 Aug 2015 - Channel NewsAsia
SINGAPORE: IHH Healthcare, which is listed in the Republic and Malaysia, has agreed to buy a 73.4 per cent stake in an Indian hospital group for 12.84 billion Indian rupees (S$273 million), expanding its presence in the world's second most populous nation. Ravindranath GE Medical Associates Private Ltd, ...
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Higher patient load drives IHH Healthcare's net profit up by 9% to $75.4m

27 Aug 2015 - Singapore Business Review
New hospitals also drove growth. IHH Healthcare's impressive Q2 results showed that Southeast Asia's largest hospital operator remains in the pink of health. The group's net profit rose 9% year-on-year to $75.4m (RM228.1m) during the period, driven by strong inpatient revenue growth and income contribution ...
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Can Singapore Exchange Limited Grow Again?

31 Jul 2015 - The Motley Fool Singapore
It’s been roughly two weeks since Loh Boon Chye took over as chief executive of Singapore’s only stock exchange operator, Singapore Exchange Limited (SGX:S68). In his first results briefing for Singapore Exchange this week, he shed some light on his vision for the company’s future. Bringing in new blood ...
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Here Are 5 Reasons Why Raffles Medical Group Ltd Can Be a Great Investment

16 Jun 2015 - The Motley Fool Singapore
Healthcare services provider Raffles Medical Group Ltd (SGX: R01) has been a fantastic winner in the stock market over the past decade. Whereas Singapore’s market barometer the Straits Times Index (SGX: ^STI) has climbed by just 50% since June 2005, Raffles Medical’s up by some 897%. But that is then ...
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Singapore’s Big Winner of the Week: IHH Healthcare Bhd

31 May 2015 - The Motley Fool Singapore
Healthcare provider, IHH Healthcare Bhd (SGX: Q0F), gained 4.2% since last Friday to close at S$2.25 yesterday. The performance trumps that of the Straits Times Index (SGX: ^STI), as it moved in the opposite direction. This makes IHH the big winner in the local share market this week. IHH Healthcare ...
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Is IHH Healthcare Bhd Planning To Acquire A Hospital From Health Management International Ltd? What Would It Mean For Both Firms’ Shareholders?

7 May 2015 - The Motley Fool Singapore
According to a Business Times’ report published yesterday, IHH Healthcare Bhd (SGX: Q0F) is currently in talks with Health Management International Ltd (SGX: 588) regarding the acquisition of the latter’s Malacca-based hospital, Mahkota Medical Centre. The report states that IHH Healthcare and Sime Darby ...
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Fortis to sell RadLink unit in Singapore for $83.5m

4 May 2015 - DealStreetAsia
India’s Fortis Healthcare Ltd said it has reached a deal to sell its Singapore unit RadLink-Asia Pte Ltd to Fullerton Healthcare group Pte Ltd for $83.47 million. The deal will be completed on or about May 12, and JPMorgan and India’s Religare Capital Markets advised Fortis on the transaction, the company ...
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Singapore’s private hospital market to grow by 13% between 2015 and 2020

18 Mar 2015 - Singapore Business Review
The government plans to add at least 1,700 acute beds in 5 years. Competition in the healthcare sector is likely to remain strong given the onslaught of new infrastructure coming into the public sector. According to a report by OCBC, in response to capacity pressure faced by our public healthcare sector, ...
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Singapore competition watchdog blocks sale of RadLink-Asia to IHH Healthcare's subsidiary

16 Mar 2015 - Channel NewsAsia
SINGAPORE: The proposed acquisition of RadLink-Asia by IHH Healthcare Berhad subsidiary Medi-Rad Associates has been blocked by the Competition Commission of Singapore (CCS). In a news release on Monday (Mar 16), CCS said the proposed transaction would result in “a substantial lessening of competition” ...
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