IHC selected as constitutent stock in MSCI Global Small Cap Indices
Listing takes effect today.
Integrated healthcare services and facilities provider International Healthway Corporation Limited (IHC) announced that it has been selected to be a constituent stock of the Morgan Stanley Capital International (MSCI) Global Small Cap Indices, effective as of November 27, 2013 in Singapore.
MSCI’s indices are widely tracked global equity benchmarks and have become integral tools in the investment processes of institutional investors around the world. MSCI Global Small Cap Indices are designed to represent a material component of the small cap size segment in the global equity universe.
Dr. Jong Hee Sen, Executive Chairman and Group President of IHC, said: “We are delighted to be selected as a constituent stock of the MSCI Global Small Cap Indices. IHC has an increasing market presence in the major Asian economies of China, Japan and Malaysia and is well-positioned to capitalise on favourable healthcare trends in highly attractive and rapid healthcare growth markets in Asia. This inclusion to the Index, which comes shortly after our recent listing in July 2013, heralds the investing community’s confidence in the Group’s fundamentals as well as strong and visible growth pipeline of development projects in Asia’s healthcare sector.”