IHH Healthcare shares rise as unit pursues RM5.7b claim against Daiichi Sankyo over Fortis deal

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KUALA LUMPUR, Feb 7 — IHH Healthcare Bhd’s share price on Bursa Malaysia edged higher in early trading after its unit No...

Given the ongoing case and IHH’s upcoming financial results, the research house maintained a ‘neutral’ call on IHH, with an unchanged target price of RM7.56.

Conversely, if it is unsuccessful, additional legal costs could cause temporary financial strain and negative market perception,” it said in a note today.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndiaJapan

Topics: Fortis Healthcare Compensation Ihh healthcare bhd Northern TK Venture Pte Ltd Bursa malaysia Daiichi Sankyo Company Ltd

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 11:59:05 (6 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 329 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 26109616

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