Corporate digest
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IHH Healthcare
IHH Healthcare's wholly owned subsidiary, M&P Investments, and its local Chinese partner, Shanghai Broad Ocean Investments Co, have entered into a lease agreement with Perennial Real Estate Holdings. Under the accord, M&P and Shanghai Broad Ocean will lease a space of at least 48,000 square metres at Perennial International Health and Medical Hub in Chengdu to operate a 350-bed tertiary hospital through a joint-venture company. The new ParkwayHealth Chengdu Hospital will be IHH's first tertiary facility in western China, under its largest operating subsidiary, Parkway Pantai. The hospital is expected to open in Q2 2017.
TTJ Holdings
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