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Shifa International Hospitals to Acquire Full Ownership of Shifa Islamabad Medical Centre

admin-augaf by admin-augaf
May 12, 2025
in Business, Finance
Reading Time: 1 min read
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SHIFA Hospital profitability to Increase after addition of new Facilities: Insight Securities
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Islamabad May 12 2025: Shifa International Hospitals Limited (SIHL) has taken a significant step towards corporate restructuring and expansion by approving a proposal to acquire full ownership of its subsidiary, Shifa Medical Centre Islamabad (Private) Limited (SMCI).

The decision was made during a board meeting held on May 10, 2025.

The approved plan involves SIHL purchasing all shares held by minority shareholders in SMCI through negotiated share purchase agreements and transfer deeds. The move is part of a broader strategy to consolidate SMCI into a wholly owned subsidiary of SIHL.

To formalize the process, the Board of Directors has also called for an extraordinary general meeting of shareholders to seek final approval for the transaction.

According to the company, the proposed acquisition and subsequent merger will streamline SIHL’s corporate structure by removing redundant administrative layers and inter-company complexities. Additionally, the consolidation is expected to enhance the hospital group’s asset base and overall size, positioning SIHL to better capitalize on economies of scale.

The transaction is also anticipated to create new business expansion opportunities for SIHL, aligning with its long-term growth and efficiency goals.

Tags: Shifa
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