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Provider: Affin Hwang Investment Bank Bhd

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IHH Healthcare Bhd Announces Internal Reorganization

Thursday, 18 Jul 2013 05:45am EDT 

IHH Healthcare Bhd announced that Tolga Sağlık Hizmetleri A.Ş. and Acıbadem Poliklinikleri A.Ş., indirect subsidiaries of the Company, had on April 26, 2013 merged. Following the Internal Reorganisation, all assets and liabilities of Tolga Sağlık had been transferred to Acıbadem Poliklinikleri and Tolga Sağlık was subsequently dissolved. Prior to the Internal Reorganisation, Tolga Sağlık was a wholly-owned direct subsidiary of Acıbadem Poliklinikleri. The Internal Reorganisation was undertaken in order to streamline the Acibadem group structure and management.