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IHH buys Amanjaya Specialist Centre for RM101m

The RM101.7 million paid for Amanjaya Specialist Centre Sdn Bhd (ASCS) in Sungai Petani, Kedah by IHH Healthcare Bhd is fair, according to MIDF Research. The firm believes that the acquisition was necessary to sustain IHH’s revenue growth. MIDF Research said based on the price, the cost per bed was estimated at RM1 million. Traditionally,...

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