IHH says not selling stake in Fortis diagnostic arm

IHH says not selling stake in Fortis diagnostic arm

The Edge Markets - Malaysia·2019-11-19 12:35

KUALA LUMPUR (Nov 19): IHH Healthcare Bhd clarified that its 31.1%-owned associate Fortis Healthcare Ltd has no intention of selling its 56%-owned diagnostic arm SRL Ltd, according to analysts who participated in IHH's teleconference yesterday.

Today, Hong Leong Investment Bank Bhd analyst Farah Diyana Kamaludin wrote in a note that there has been speculative news on IHH facilitating the planned sale of up to a 44% stake in SRL.

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