0225 GMT - Malaysia's healthcare sector looks set to grow in 2025, driven by rising patient volumes, sustained bed occupancy rates, and expanding medical tourism, Public Investment Bank analyst Thye May Ting says in a note. Private hospitals such as KPJ Healthcare and IHH Healthcare are expected to benefit from robust expansion plans, while Optimax's outlook may remain positive, supported by its Vietnam expansion and new eye specialist center, she adds. Public Investment Bank maintains an overweight rating on Malaysia's healthcare sector and selects IHH Healthcare as its top pick for its diversified base, strong regional presence, and projection for bed occupancy rates to exceed 70% in 2025. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
January 02, 2025 21:25 ET (02:25 GMT)
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