IHH Healthcare raises $2 billion from IPO

The Malaysia-based hospital operator prices the deal near the top of the range, and the institutional tranche is more than 130 times covered.

IHH Healthcare raises $2 billion from IPO

IHH Healthcare has raised M$6.3 billion $2 billion from its initial public offering, after fixing the price near the top of the indicative range.

It is now the third-biggest IPO in the world this year after Facebook and Malaysian government-owned agricultural commodities company Felda Global Ventures, which raised $16 billion and $3.1 billion, respectively. IHH will have a dual listing in Malaysia and Singapore, which the company said will be the first concurrent IPO ever...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...