IHH Healthcare Berhad: Voluntary Liquidation of Indirect Subsidiary in Serbia
IHH Healthcare Berhad Announces Voluntary Liquidation of Serbian Subsidiary
Key Highlights
- IHH Healthcare Berhad (“IHH”) has completed the voluntary liquidation of Acibadem Bel Medic Logistics D.O.O. Beograd (“ABM Logistics”), an indirect subsidiary.
- ABM Logistics was incorporated in Serbia on 28 March 2023, with its principal activity intended to be the wholesale trade of medical devices.
- Prior to liquidation, ABM Logistics was dormant and had no business operations.
- The liquidation is part of a streamlining exercise undertaken by Acibadem Saglik Yatirimlari Holding A.S. (“ASYH”), itself an indirect 90%-owned subsidiary of IHH.
- The liquidation was conducted pursuant to the Law on Companies of the Republic of Serbia, with ABM Logistics officially deleted from the Serbian Register of Business Entities effective 30 October 2025.
Details for Investors and Shareholders
- No Effect on Share Capital or Major Shareholdings: The liquidation does not impact IHH’s issued share capital, nor does it affect the shareholdings of substantial shareholders.
- No Material Financial Impact: The winding up of ABM Logistics is not expected to have a material effect on IHH’s earnings or net assets for the financial year ending 31 December 2025.
- No Operational Impact: There will be no operational impact on IHH Group arising from this liquidation, given that ABM Logistics was dormant.
- No Related Party Interests: None of the Directors, major shareholders, or persons connected to them have any direct or indirect interest in the liquidation process.
- Corporate Streamlining: This move is part of ASYH Group’s ongoing efforts to streamline its corporate structure and ensure operational efficiency across its subsidiaries.
- Date of Announcement: The official announcement was made on 5 November 2025.
Potential Impact on Share Price
Based on the information provided, this corporate action is not expected to be price sensitive or have any material impact on IHH Healthcare Berhad’s share price. The subsidiary being liquidated was dormant and did not contribute to the group’s revenue or profitability. The process is administrative in nature and part of a broader streamlining effort, rather than a reflection of any operational or financial distress within the group.
Summary
Investors should note that the voluntary liquidation of ABM Logistics is a non-event from a financial and operational perspective. It forms part of routine corporate housekeeping and does not indicate any underlying issues within IHH Healthcare Berhad or its subsidiaries. As such, there is no new material information that is likely to move the company’s share price.
Disclaimer: This article is intended for informational purposes only. It does not constitute investment advice. Investors are advised to conduct their own due diligence and consult with financial professionals before making investment decisions. The information contained herein is based on official disclosures and announcements by IHH Healthcare Berhad as of 5 November 2025.
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