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Affordable care goes a long way for Health Management International

Samantha Chiew
Samantha Chiew1/8/2018 04:14 PM GMT+08  • 2 min read
Affordable care goes a long way for Health Management International
SINGAPORE (Jan 8): CIMB is maintaining its “add” call on Health Management International (HMI) with a target price of 83 cents. HMI is also the research house’s top healthcare stock pick.
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SINGAPORE (Jan 8): CIMB is maintaining its “add” call on Health Management International (HMI) with a target price of 83 cents. HMI is also the research house’s top healthcare stock pick.

In a Sunday report, analyst Ngoh Yi Sin believes that the group is well-positioned to ride on the booming medical tourism in Malaysia with its two established hospital there – Mahkota Medical Centre (MMC) in Malacca and Regency Specialist Hospital (RSH) in Johor.

“The RM30 million ($10 million) allocation in Malaysia’s 2018 Budget and additional initiatives to promote medical tourism by the Malaysia Healthcare Travel Council (MHTC) also bode well for the group, in our view,” says Ngoh.

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