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Izah Azahari Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah said through continuous investment in people and technology, it is with pride to be able to recognise Gleneagles Jerudong Park Medical Centre (JPMC) as one of the established cardiac […] ....
THE Covid-19 pandemic has caused many companies to be in financial distress, forcing some to temporarily shut down factories and operations for at least two months from mid-March in 2020 and experiencing lower demand after that. With numerous firms seeing a decline in earnings, and many falling into the red, one wonders how much Malaysia’s top brass were paid in 2020 versus the year before. According to data compiled by The Edge, among the top 50 companies by market capitalisation, the heads of 15 firms took a pay cut, 13 saw a bump in their paycheques and only two those of Supermax Corp Bhd and Time dotcom Bhd had no change in pay. ....
Asian hospital giant IHH Healthcare mulls sale of education arm Stethoscope lying on medical records. March 7, 2021 IHH Healthcare Bhd., Asia’s biggest hospital group by market value, is exploring a sale of its medical education arm International Medical University, according to people with knowledge of the matter. The Malaysian company is working with Rippledot Capital Advisers on the potential deal, the people said. A sale of the education unit could fetch about $300 million, said the people, asking not to be named as the process is private. Deliberations are ongoing and there is no certainty that IHH will proceed with a transaction, the people said. A representative for IHH declined to comment, adding the company will provide updates if there are any material developments. A representative for Rippledot also declined to comment. ....
(March 5): IHH Healthcare Bhd, Asia’s biggest hospital group by market value, is exploring a sale of its medical education arm International Medical University (IMU), according to people with knowledge of the matter. The Malaysian company is working with Rippledot Capital Advisers on the potential deal, the people said. A sale of the education unit could fetch about US$300 million (RM1.22 billion), said the people, asking not to be named as the process is private. Deliberations are ongoing and there is no certainty that IHH will proceed with a transaction, the people said. A representative of IHH declined to comment, adding that the company will provide updates if there are any material developments. A representative of Rippledot also declined to comment. ....