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Mitsui & Co weighs buyout of US$11bil hospital group IHH Healthcare

SINGAPORE: Mitsui & Co is exploring a deal to take Malaysian hospital group IHH Healthcare Bhd
private, according to people with knowledge of the matter.
Some private equity firms have approached the Japanese trading house to team up on the potential transaction to buy out IHH’s other shareholders, said one of the people, who asked not to be named as the information is private.
Mitsui has reached out to Khazanah Nasional Bhd, IHH’s second-largest shareholder, to pick up its stake, another person said.
IHH, which is listed on the stock exchanges of Malaysia and Singapore, has a market value of RM49bil (US$12bil). ....

Kuala Lumpur , Andhra Pradesh , West Bengal , Tamil Nadu , Khazanah Nasional Bhd , Mitsui Co , Apollo Hospitals Enterprise Ltd , Apollo Gleneagles Hospital Ltd , Mitsui Group , International Medical University , International Medical College , Gleneagles Global Health City , Bloomberg News , Kuala Lumpur Based , Apollo Hospitals Enterprise , Bharat Biotech , Gleneagles Global Hospitals , Hindu Businessline , Global Hospital , குவாலா லம்பூர் , ஆந்திரா பிரதேஷ் , மேற்கு பெங்கல் , தமிழ் நாடு , மிட்ஸ்யூயீ இணை , அப்பல்லோ மருத்துவமனைகள் நிறுவன லிமிடெட் , அப்பல்லோ க்ல்நேயேஜ்ல்ஸ் மருத்துவமனை லிமிடெட் ,

FGV, MSM, IHH, Mr DIY, Priceworth, KLCCP, Sapura Resources, Sapura Energy, Maybank, Al-'Aqar Healthcare, Top Glove, Fajarbaru and Sarawak Oil Palms

KUALA LUMPUR (April 30): Based on corporate announcements and news flow today, companies that may be in focus on Monday (May 3) include: FGV Holdings Bhd, MSM Malaysia Holdings Bhd, IHH Healthcare Bhd, Mr DIY Group (M) Bhd, Priceworth International Bhd, KLCCP Stapled Group, Sapura Resources Bhd, Sapura Energy Bhd, Malayan Banking Bhd, Al- Aqar Healthcare REIT, Top Glove Corp Bhd, Fajarbaru Builder Group Bhd and Sarawak Oil Palms Bhd.
FGV Holdings Bhd s (FGV) subsidiaries,
MSM Malaysia Holdings Bhd (MSM) and FGV Integrated Farming Holdings Sdn Bhd (FGVIF), have entered into a binding term sheet on the respective disposal and acquisition of a 100% stake of MSM s wholly-owned subsidiary MSM Perlis Sdn Bhd. With an initial disposal consideration of RM175 million, the agreement is set to be completed by the third quarter of this year. ....

West Bengal , Kuala Lumpur , Datuk Hashim Wahir , Eric Kuan , Shah Mahmood , Kelvin Loh , Perlis Sdn Bhd , Sdn Bhd , Sabaju Sdn Bhd , Datuk Mohd Anuar Taib , Shin Yang , Shahril Shamsuddin , International Labour Organization , Technip Group Worldwide , Apollo Hospitals Enterprise Ltd , Top Glove Corp Bhd , Apollo Gleneagles Hospital Ltd , Sapuraomv Upstream Malaysia Inc , Pt Bank Maybank Indonesia Tbk , Immunisation Programme , Groupm Bhd , Maybank Investment Bank Bhd , Farming Holdings Sdn Bhd , Priceworth International Bhd , Property Holdings Bhd , Holdings Bhd ,

IHH Healthcare completes divestment of AGHL JV

has completed the sale of its entire 50% equity stake in its Apollo Gleneagles Hospital Ltd, Kolkata (AGHL) joint venture to Apollo Hospitals Enterprise Limited (Apollo).
“Our divestment of the AGHL joint venture is aligned with our ‘Refreshed Strategy’, which includes a review of our portfolio and capital deployment to optimise returns for shareholders.
“With the monetisation of this non-core asset, we will focus on strengthening our existing healthcare operations across India,” managing director and CEO Dr Kelvin Loh said in a statement.
“Given these challenging COVID-19 times in India, the welfare and safety of our colleagues, the doctors and nurses are our top priorities, as they serve and care for our patients. These are difficult times for all and we will stand together to come out stronger and support the Indian healthcare sector,” he added. ....

West Bengal , Kuala Lumpur , Kelvin Loh , Apollo Hospitals Enterprise Limited , Apollo Gleneagles Hospital Ltd , Refreshed Strategy , Continental Hospitals , Corporate News , Ihh Healthcare , Apollo Hospitals Enterprise , Dr Kelvin Loh , மேற்கு பெங்கல் , குவாலா லம்பூர் , கெல்‌விந் லோ , அப்பல்லோ மருத்துவமனைகள் நிறுவன வரையறுக்கப்பட்டவை , அப்பல்லோ க்ல்நேயேஜ்ல்ஸ் மருத்துவமனை லிமிடெட் , புதுப்பிக்கப்பட்டது மூலோபாயம் , கண்டம் மருத்துவமனைகள் , பெருநிறுவன செய்தி , அப்பல்லோ மருத்துவமனைகள் நிறுவன ,

Asian Hospital Giant Eyes Singapore-to-Turkey Vaccine Push

Asian Hospital Giant Eyes Singapore-to-Turkey Vaccine Push
Bloomberg
12/11/2020
Yantoultra Ngui
© Bloomberg
Medical equipment is displayed in an observation bay room in the accidents and emergency department of IHH Healthcare Bhd. s Mount Elizabeth Novena Hospital in Singapore, on Monday, July 23, 2012.
(Bloomberg) IHH Healthcare Bhd., Asia’s most valuable hospital group, said it is ready to administer coronavirus vaccine once they are rolled out in the 10 countries it operates in.
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The Malaysian company has a trained staff of 55,000 across 80 hospitals it runs from Turkey to Singapore, as well as cold-storage facilities required to store the shots, Managing Director and Chief Executive Officer Kelvin Loh Chi-Keon said in an interview. ....

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IHH girds for Singapore-to-Turkey vaccine push

IHH girds for Singapore-to-Turkey vaccine push
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Kuala Lumpur , Hong Kong , Kelvin Loh Chi Keon , Pfizer Inc , Malaysia Healthcare Travel Council , Apollo Hospitals Enterprise Ltd , Apollo Gleneagles Hospital Ltd , Moderna Inc , Greater Bay , North Asia , குவாலா லம்பூர் , ஹாங் காங் , கெல்‌விந் லோ சி கிேஒன் , ஃபைசர் இன்க் , மலேசியா சுகாதாரம் பயணம் சபை , அப்பல்லோ மருத்துவமனைகள் நிறுவன லிமிடெட் , அப்பல்லோ க்ல்நேயேஜ்ல்ஸ் மருத்துவமனை லிமிடெட் , மாடர்னா இன்க் , அதிகமானது வளைகுடா , வடக்கு ஆசியா ,