Tag: IHH Healthcare
FInance minister's aide defends ministry interpretation of 'foreign direct investment'
Khazanah memeterai perjanjian dengan Mitsui & Co dari Jepun untuk melepaskan 1.4 juta saham dalam IHH, dan kekal sebagai pemegang saham terbesar dalam syarikat itu.
The sovereign wealth arm says it will remain a large shareholder in the company.
According to the UN, Thais aged 60 or over will more than double to 23 million by 2050, straining the country’s government-managed medical facilities.
Fortis operates about 30 private hospitals in India, where private healthcare is on the rise.
This is due to Fortis' binding agreements with Manipal Health Enterprises Private Limited, Manipal Global Health Services and TPG Asia.
The IHH bid could value the healthcare services giant at as much as RM5 billion.
Sovereign wealth fund buys 100% equity interest in the private hospital.
Researcher says migrants pay four times the charges levied on Malaysians at government hospitals while contributing higher ‘de facto income tax’ compared to locals.