For IHH, Maybank IB Research notes that a key event to watch for would be its 31%-owned Indian hospitals operator Fortis’ court hearing on Feb 3,2020.
The healthcare sector continues to be a favoured one by analysts and investors alike, driven by a push for medical tourism, increasing affluence and broader insurance coverage, as well as a growing and ageing population.
As private healthcare players continue to grow their key performance indicators (KPIs), the industry could see some corporate exercises this year.
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