Summary IHH is acquiring a 296-bed Island Hospital in Penang for RM3.92bn. The hospital is a leading medical tourism focused private hospital in Malaysia, with a 33% share of foreign patients. The hospital has room to expand to 600 beds. The transaction values Island Hospital at 5.9x P/B, 39.7x annualised PE and 24.6x EV/EBITDA for […]

source: https://thefinance.sg/2024/09/22/singapore-healthcare-reits-defensive-assets-warrant-value-premium/