PETALING JAYA: IHH Healthcare Bhd is setting aside about RM100mil as part of its digital transformation plan to provide a more seamless experience for its patients.
PETALING JAYA: More retail players with established online businesses are expected to increase their visibility into physical stores and incorporate an omnichannel sales approach.
Vaccination demand for gloves to more than offset the decline from testing demand.
KUALA LUMPUR: Hong Leong Investment Bank (HLIB) Research is retaining its overweight stance on glove makers as it sees demand and average selling prices (ASPs) will be driven by testing frequency and vaccine rollout using gloves.
In its research note on Tuesday, it said for the remainder of CY21, it expects vaccination demand for gloves to more than offset the decline from testing demand.
“Even with global supply expected to rise by 20%, we expect there to be a supply shortage of circa 12.4 billion pieces in CY21. Based on our new valuation methodology, our top pick Top Glove’s TP is lowered from RM10.54 to RM8.06. Maintain Buy, ” it said.