SINGAPORE (Aug 28): OCBC Investment Research is maintaining its “buy” recommendation on Health Management International (HMI) with an unchanged fair value estimate of 80 cents.

This comes after the regional private healthcare provider last week announced its first set of quarterly results to reflect the consolidation of its two hospitals, Mahkota Medical Centre and Regency Specialist Hospital, for which the group brought its respective 48.9% and 60.8% ownerships to 100% each.

See: Health Management International reports 3.5% rise in FY17 earnings after consolidation of two hospitals

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