IHH announced on Bursa Malaysia that a notice of contempt has been issued to Fortis by the Supreme Court of India. This was in relation to its decision to buy back hospital assets from Religare Health Trust (RHT).
KUALA LUMPUR: AmInvestment Research is maintaining its HOLD recommendation on IHH Healthcare with an unchanged fair value of RM5.50 based on discounted cashflow (WACC 8.3%; terminal growth rate 3.5%).
IHH announced on Bursa Malaysia that a notice of contempt has been issued to Fortis by the Supreme Court of India. This was in relation to its decision to buy back hospital assets from Religare Health Trust (RHT).
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