Near-term earnings impact of Prince Court buy on IHH seen minimal


On Tuesday, IHH announced its plan to buy the Prince Court hospital for RM1.02bil cash from sovereign wealth fund Khazanah Nasional Bhd.

PETALING JAYA: IHH Healthcare Bhd’s purchase of Prince Court Medical Centre Sdn Bhd for RM1.02bil is expected to have minimal impact on its earnings growth in the near term due to financing cost, analysts said.

On Tuesday, IHH announced its plan to buy the Prince Court hospital for RM1.02bil cash from sovereign wealth fund Khazanah Nasional Bhd.

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Billed as RM148.00/year

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