Mount Elizabeth Novena

ParkwayLife REIT’s French acquisition to be more accretive than 1.6% to DPU - THE EDGE SINGAPORE

REITs

Parkway Life REIT’s French acquisition to be more than 1.6% accretive to DPU

Parkway Life REIT looks for closer collaboration with IHH, has a ROFR for Mount Elizabeth Novena, and manager explains rationale for French acquisition.

Company in the news

Singapore Paincare Holdings receives letter of demand over Mount Elizabeth tenancy negotiations

CEO of Singapore Paincare Dr. Bernard Lee owns 100% of Medbridge Marketing, which issued the letter of demand.
IHH reports higher revenue for FY2022 earnings down on higher costs - THE EDGE SINGAPORE

Results

IHH reports higher revenue for FY2022 earnings down on higher costs

IHH plans to pay a dividend of 2.16 cents
ParkwayLife REIT's unitholders vote overwhelmingly in favour of new master lease - THE EDGE SINGAPORE

REITs

ParkwayLife REIT's unitholders vote overwhelmingly in favour of new master lease

ParkwayLife REIT's unitholders vote overwhelmingly in favour of the new master lease and renewal capex.

Healthcare

IHH looks beyond Covid; analysts see turnaround in 2HFY2020

The year 2020 has indeed been challenging for IHH’s Singapore operations because of Covid-19 and the practical closure of its borders, limiting inbound and medical tourists alike.

IHH Healthcare posts 37% rise in 1Q earnings

SINGAPORE (May 26): IHH Healthcare (IHH), the private healthcare provider, reported 1Q earnings rose 37.3% to MYR 235.5 million ($79.4 million) from a year ago on stronger revenue performance.
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