IHH’s expansion into China, Myanmar seen as a good move

Stable demand: IHH’s Gleneagles hospital in Singapore. Analysts say the healthcare sector is quite resilient against the vagaries of oil price fluctuations.

PETALING JAYA: IHH Healthcare Bhd’s expansion into China and Myanmar bodes well for the company whose share price has held up in recent times despite turbulence in the market.

IHH recently leased a space in Chengdu, China at the latter’s Perennial International Health and Medical Hub to put up the 350-bed ParkwayHealth Chengdu Hospital.