2pct of IHH Healthcare IPO set for Singapore retail investors
Singapore retail investors will be able to ballot for 52 million shares in the widely-anticipated initial public offering (IPO) of IHH Healthcare.
The company, Asia’s biggest hospital operator, lodged the prospectus for its large scale dual listing in Singapore and Malaysia on Friday.
The 552-page document – excluding appendixes – did not reveal the price of the shares but stated that 52 million of the 2.23 billion-share offering – about 2.3 per cent – will be for the Singapore public.
About 36 million shares are slated to be placed out to Singapore institutional investors.
http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_811307.html
Category: Singapore

