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3 stories mentioning SGX:Q0FUpdated 30d ago

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Asia

IHH Healthcare Unit Liquidates Suzhou Industrial Park Yuan Hui Health Consulting

IHH Healthcare (KLSE:IHH) unit has approved the voluntary liquidation of Suzhou Industrial Park Yuan Hui Health Consulting, a dormant healthcare outpatient services company in China.Suzhou Industrial Park Yuan Hui Health Consulting has ceased operations since April 2022, according to a Friday Taiwan Exchange filing.IHH expects to incur a loss of about 67,000 ringgit from the liquidation, compared with its total investment of 12.5 million ringgit in the subsidiary.IHH said the liquidation will not have a material impact on the group's earnings, net assets, operations, issued share capital or shareholding structure for the financial year ending Dec. 31.

KLSE:IHHSGX:Q0F
Asia

Infosys Enters ERP Transformation Partnership With IHH Healthcare

Infosys (NSE:INFY, BOM:500209) has entered into a multi-year partnership with dual-listed IHH Healthcare (KLSE:IHH, SGX:Q0F) to implement an enterprise-wide ERP transformation program, according to a Thursday filing.The collaboration will focus on standardizing and streamlining business processes across markets, including Hong Kong, Malaysia and Singapore, the company said in the filing.Infosys will consolidate IHH Healthcare's existing ERP systems across functions including finance, procurement, supply chain, and human capital management, and enable real-time data visibility and reporting.The company said the program will use its AI platform Infosys Topaz.Infosys shares fell over 2% in recent trade.

BOM:500209KLSE:IHHNSE:INFYSGX:Q0F
Research

Hong Leong Downgrades IHH Healthcare to Hold from Buy, Price Target is MYR9

IHH Healthcare (KLSE:IHH, SGX:Q0F) has an average rating of overweight and mean price target of 10.17 ringgit, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

KLSE:IHHSGX:Q0F

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