Singapore Stock Market News
IHH Healthcare - Rumours denied
StockFanatic
Publish date: Mon, 05 Jan 2015, 04:39 PM
StockFanatic
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Rumours that IHH was interested in an 11.5% stake in BGH surfaced this morning but were quickly refuted by both companies. Our SOP-based target price stays at S$2.16 (RM5.54). Its plans to tap the medical tourism industry through Parkway-Pantai and its Turkish operations and contributions from its new hospitals are potential catalysts. The stock remains an Add.
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