IHH Healthcare

UOB Kay Hian raises Parkway Life REIT's target price to $5.07 - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian raises Parkway Life REIT's target price to $5.07

For its 2HFY2023, Parkway Life REIT reported a distribution per unit of 7.48 cents, up 2.1% y-o-y

Broker's Calls

OCBC likes PLife REIT for stable, defensive portfolio and consistent DPU growth

PLife REIT is now at an 'attractive entry point' for income investors

Corporate moves

IHH Healthcare CFO leaves following expiry of employment contract

Ayrle was appointed to this role on Feb 1 2021
UOB Kay Hian and CGS-CIMB analysts stay put on IHH Healthcare - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian and CGS-CIMB analysts stay put on IHH Healthcare

IHH now plans to keep its China business
Raffles Medical leads; Tianjin Pharma, IHH Healthcare and Top Glove top own categories - THE EDGE SINGAPORE

Billion Dollar Club 2023

Raffles Medical leads; Tianjin Pharma, IHH Healthcare and Top Glove top own categories

Raffles Medical is expanding into new markets such as Vietnam

Results

IHH Healthcare appoints Prem Kumar Nair as new group CEO; 2QFY2023 earnings dip

Before joining IHH, Nair was with Raffles Medical
Higher benchmark rates positive for healthcare service providers amid high inflation and increase in labour costs - THE EDGE SINGAPORE

Broker's Calls

Higher benchmark rates positive for healthcare service providers amid high inflation and increase in labour costs

The analysts expect longer term margins can be sustained following the MOH's updated benchmarks.
IHH reports higher earnings on operations recovery and one-off disposal gain - THE EDGE SINGAPORE

Results

IHH reports higher earnings on operations recovery and one-off disposal gain

IHH will be paying a special dividend of 9.6 sen from the proceeds from the sale of IMU
Proxies to an ageing Asia  - THE EDGE SINGAPORE

Future of the economy

Proxies to an ageing Asia

The two main Singapore proxies to an ageing Asia are ParkwayLife REIT and First REIT

Broker's Calls

'Buy' IHH Healthcare as recovery in medical tourism to give a new lifeline

IHH Healthcare's FY2023 outlooks looks rosy, as analysts are expecting a boost from the recovery of medical tourism.
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