Shares & Derivatives
IHH Healthcare Berhard Added to STI, replacing NOL
By Marubozu  •  September 30, 2012

IHH Healthcare to join STI after half-yearly review

Asia’s largest health-care operator IHH Healthcare is replacing container carrier Neptune Orient Lines as one of the 30 component stocks in the benchmark Straits Times Index come Sept 24.

The change followed a review announced on Thursday by the Singapore Press Holdings (SPH), Singapore Exchange Limited (SGX) and FTSE Group (FTSE).

Following Thursday’s review, the next five companies ranked highest on the same basis as the STI companies in order of market valueare Hutchison Port Holdings Trust, Keppel Land, Ascendas Real Estate InvestmentTrust, UOL Group and Capitacommercial Trust.

Background

The Company was incorporated in Malaysia on 21 May 2010 as a holding company for Khazanah’s healthcare investments in Parkway, Pantai, IMU Health and Apollo. The Company was converted to a public company on 2 April 2012. On 20 April 2012, the Company changed its name to IHH Healthcare Berhad.

The Company operates an integrated ...

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By Marubozu
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