No major financial impact on IHH’s proposed divestment

KUALA LUMPUR: IHH Healthcare Bhd’s (IHH) move to dispose of its entire stake in IMU Health Sdn Bhd (IMUH) is not expected to result in a significant dent in the group’s financial performance, according to MIDF Research.

“As at FY21, the division only contributed to about 1% of the total revenue and 3% of the total profit, hence, we make no changes at this juncture to our earnings forecasts.