KUALA LUMPUR: Kenanga Research expects IHH Healthcare Bhd's growth for the next five years to be driven by its operations in Singapore, Malaysia and Turkey.

 

In a research note Monday, it said in Singapore, the first phase of Mount Elizabeth Novena hospital, comprising of 150 beds of the 333-bed capacity and 13 operation theatres had commenced operations in July last year.

 

In Malaysia, it said the company was currently undertaking expansion projects in four hospitals - Gleneagles Medical Centre Penang, Pantai Hospital Kuala Lumpur, Pantai Hospital Klang and Gleneagles, Kuala Lumpur - and greenfield projects namely Gleneagles Kota Kinabalu, Pantai Hospital Manjung and Gleneagles Medini.

 

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