“The proposed acquisition will allow IHH Group to tap further into the medical tourism market due to the competitive strengths and various accreditations and awards for medical tourism received by PCMC, ” RHB Investment Bank said.
KUALA LUMPUR: Independent adviser RHB Investment Bank has advised non-interested shareholders of IHH Healthcare Bhd
to approve the purchase of Prince Court Medical Centre Sdn Bhd (PCMC) from Khazanah Nasional Bhd for RM1.02bil.
RHB Investment Bank, in its independent advice issued on Friday, said the overall terms of the sales and purchase agreement (SPA) were “reasonable” and “not detrimental” to the interest of the non-interested shareholders of IHH.
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