IHH Healthcare Bhd (IHHH.KL) Key Developments | Reuters.com
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IHH Healthcare Bhd (IHHH.KL)

IHHH.KL on Kuala Lumpur Stock Exchange

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27 Jun 2016
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Latest Key Developments (Source: Significant Developments)

IHH Healthcare says unit recieved approval for transfer of equity interest in Parkway Hospital Management
Friday, 3 Jun 2016 05:40am EDT 

IHH Healthcare Bhd : Unit recieved approval from Shanghai Administeration of Industry and Commerce for transfer of equity interest in Parkway Hospital Management to Parkway China holdings .  Full Article

IHH Healthcare posts qtrly net profit 235.5 mln rgt
Thursday, 26 May 2016 05:24am EDT 

IHH Healthcare Bhd : Qtrly revenue 2.48 bln rgt vs 2.00 bln rgt . Qtrly net profit 235.5 mln rgt vs 171.5 mln rgt . No dividends were declared or paid by the company during the period ended 31 march 2016 . "Group also foresees higher operating costs from wage inflation on the global competition for talent and higher minimum wages in Turkey" .  Full Article

IHH Healthcare Bhd says unit disposed 90% equity interest in Shenton Insurance
Wednesday, 13 Apr 2016 08:00pm EDT 

IHH Healthcare Bhd:Parkway holdings, unit of ihh,disposed 90% equity interest in shenton insurance pte ltd (sipl) to fwd group financial services pte. ltd.Deal for total consideration of approximately s$28.4 million.Disposal will not have any effect on ihh's issued and paid-up share capital and substantial shareholders' shareholdings.Disposal shall have no material effect on earnings, net assets or gearing of IHH for financial year ending 31 December 2016.  Full Article

IHH Healthcare Bhd's indirect subsidiary establishes subsidiary
Tuesday, 14 Jul 2015 08:00pm EDT 

IHH Healthcare Bhd:Says Acibadem Saglik Hizmetleri ve Ticaret A.S., an indirect subsidiary of IHH, established a wholly-owned subsidiary named Acibadem Teknoloji A.S. in Turkey with an initial paid-up capital of TL100,000.  Full Article

IHH Healthcare Bhd announces establishment of 70 pct owned company by M&P Investments Pte Ltd
Tuesday, 30 Jun 2015 08:00pm EDT 

IHH Healthcare Bhd:Says that M&P Investments Pte Ltd (M&P), an indirect wholly-owned subsidiary of IHH, had on 1 July, received business licence from Shanghai Administration.For Industry and Commerce, for establishment of 70 pct owned sino-foreign equity company named ParkwayHealth Shanghai International Hospital Company Limited (PHSIH).Pursuant to equity joint venture contract dated April 6 and amendment to equity joint venture agreement dated 8 May 2015, entered into between M&P and Shanghai Hongxin Medical Investment Holding Co., Ltd. (Shanghai Hongxin).Says remaining 30% equity stake in PHSIH is owned by Shanghai Hongxin.Validity period of licence is from 29 June 2015 to 28 June 2035.  Full Article

IHH Healthcare Bhd announces dissolution of Gleneagles Hospital (U.K.) Limited
Tuesday, 9 Jun 2015 05:39am EDT 

IHH Healthcare Bhd:Says Gleneagles Hospital (U.K.) Limited, an indirect subsidiary of IHH, has been dissolved on 9 June 2015 pursuant to voluntary creditors’ liquidation.The Dissolution will not have any effect on IHH’s issued and paid-up share capital and substantial shareholders’ shareholdings.  Full Article

IHH Healthcare Bhd announces internal reorganisation of group structure
Monday, 11 May 2015 08:00pm EDT 

IHH Healthcare Bhd:State Administration for Industry and Commerce of the Republic of China has on May 11 confirmed that Parkway China Holding Co Pte Ltd (Parkway China) has acquired 100 pct equity interest in Shanghai Gleneagles Hospital Management Co., Ltd (SGHM).Says acquisition for consideration of 6,145,786 Yuan (equivalent to 3,569,473* Ringgit), from Medical Resources International Pte Ltd (MRI) (Internal Reorganisation) on 5 May 2015.Following the Internal Reorganisation, SGHM has become direct wholly-owned subsidiary of Parkway China.Says Parkway China, SGHM and MRI are indirect wholly-owned subsidiaries of IHH.  Full Article

IHH Healthcare Bhd proposed share buy-back
Thursday, 7 May 2015 05:52am EDT 

IHH Healthcare Bhd:Says purchase its own shares of up to ten percent (10 pct) of the prevailing issued and paid-up share capital (proposed share buy-back authority).  Full Article

IHH Healthcare Bhd 's PPL acquires 98 pct of total issued and paid-up share capital in GDPL
Monday, 4 May 2015 08:00pm EDT 

IHH Healthcare Bhd:Says that Parkway Pantai Ltd (PPL), indirect wholly-owned subsidiary subscribed to 98 ordinary shares, representing 98 pct of total issued and paid-up share capital in Gleneagles Development Pte Ltd (GDPL) for total consideration of S$98.00.Prior to internal reorganisation, GDPL was wholly-owned direct subsidiary of Gleneagles International Pte Ltd (GIPL).  Full Article

IHH Healthcare Bhd announces dissolution of Clinical Hospital Sistina, Kosovo
Thursday, 2 Apr 2015 05:40am EDT 

IHH Healthcare Bhd:Says it's indirect subsidiary, Clinical Hospital Sistina has been dissolved on March 6.Says dissolution of Clinical Hospital Sistina, Kosovo is part of Group’s streamlining exercise.  Full Article

IHH Healthcare Berhad buys hospitals in Bulgaria

SOFIA, April 21 Malaysia-based IHH Healthcare Berhad is to buy Bulgaria's Tokuda Hospital in a deal that will help to make it the biggest private healthcare provider in the Balkan country, the company said on Thursday.