IHH unit's RM5.7bil claim against Daiichi Sankyo dismissed in Tokyo
The Tokyo District Court dismissed a damages claim by Northern TK Venture, IHH Healthcare's Singapore-based unit, against Japanese drugmaker Daiichi Sankyo. The claim, which grew from ¥20 billion to about ¥200 billion, arose from IHH's stalled plan to raise its stake in India's Fortis Healthcare. IHH said it disagrees with the ruling and is reviewing its legal options.