My focus is set on elevating IHH as a Group, dedicated to achieving profitable growth and healthy return on equity while upholding commitment to do right by all our stakeholders. Türkiye In February 2023, Acibadem acquired Kent Health Group, the largest private hospital operator in Izmir, the third largest city in Türkiye. This makes Acibadem the operator of Izmir’s largest private hospital, which houses 340 beds and has a cancer centre. It also runs two other medical centres within the city. Since the country’s fateful earthquake in November 2022, our Acibadem staff have tirelessly aided the wounded and displaced. To date, we have served more than 300,000 earthquake victims, and the wider IHH Group has collectively contributed close to US$5 million to aid in disaster relief. India In line with our growth strategy in India, we increased our stake in Gleneagles Healthcare India Private Limited (formerly known as Ravindranath GE Medical Associates Private Limited) (GHIPL) to 98.2% from 73.6% – GHIPL owns Global Hospitals, a leading tertiary and quaternary healthcare chain in the country. This increase in stake not only solidifies IHH’s position as a leader in this healthcare category, including multi-organ transplants, but sets the stage for a significant rebranding. In March 2024, Gleneagles Global Hospitals underwent a rebranding exercise to become Gleneagles Hospitals for greater brand equity. In April 2023, Fortis Healthcare entered into an agreement to acquire Medeor Hospital in Manesar, Gurugram. The hospital, with a capacity of about 350 beds, will be operational by end of 2024. The acquisition makes Fortis the second largest healthcare provider in Gurugram, with a total of over 850 beds. In the same month, Fortis Gurugram was the first in India to launch a state-of-the-art digital PET CT machine for advanced cancer imaging. Such diagnostic tools will aid medical teams and patients in early disease detection and reduce cancer-related mortality. Separately, we have divested Fortis Arcot Road Hospital and Fortis Malar Hospital, as part of our ongoing assets review exercise. Hong Kong IHH has also expanded into ambulatory care in Hong Kong with the opening of Gleneagles Healthcare Wong Chuk Hang clinic in 2023 and Gleneagles Healthcare South Horizons clinic in 2024. The clinics offer a range of services including general and specialist outpatient consultations, health screenings, vaccinations, diagnostic imaging and more, to meet the Southern District’s diverse healthcare needs. The clinics are dedicated to offering high-quality and holistic primary care services with hotel-standard customer service that cater to different healthcare needs. Gleneagles Hong Kong Hospital (GHK) has also been actively enhancing its clinical offerings, such as with the reopening of its Chemotherapy Centre as a day centre for cancer patients, and launch of the Gynaecological Oncology Centre to introduce Group CEO’s Message IHH Healthcare Berhad 28 Strategic Report
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