IHH Healthcare Bhd (SGX: Q0F) (KLSE: IHH) may not be a household name in Singapore but it’s Gleneagles and Mount Elizabeth hospitals are well known medical institutions.
As a listed entity, IHH’s share price has fallen significantly due to the impact of coronavirus. However, as a medical company, can it benefit from the disease outbreak?
Business Overview
IHH is one of the world’s largest healthcare groups by market value. It operates hospitals, medical centres, clinics, and a comprehensive range of ancillary services. Its home markets are Singapore, Malaysia, India, and turkey. The group also has a growing presence in fast-growing markets such as Greater China and Eastern Europe.
IHH’s business comprises three divisions grouped according to brands.
Source: IHH FY2018 annual report
Parkway Pantai operates 61 hospitals throughout Asia. Its subsidiary, Pantai Holdings, runs the Pantai Hospitals in Malaysia. In Singapore, its subsidiary, Parkway Holdings runs Mouth Elizabeth and Gleneagles. It also owns a 31% stake
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