MAY 2013

28th May 2013
Daily Express | News Update:
S'pore, M'sia and Turkey to drive growth of IHH Healthcare in next 5 years


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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