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Asian Healthcare Specialists launches IPO at 23 cents each to raise $10.8 mil

IPO

Asian Healthcare Specialists launches IPO at 23 cents each to raise $10.8 mil

Stanislaus Jude Chan Published on Thu, Apr 12, 2018 / 4:49 PM GMT+8

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SINGAPORE (Apr 12): Asian Healthcare Specialists, a group of five orthopaedic specialists operating four The Orthopaedic Centre clinics in Singapore, has launched its initial public offering (IPO).

The group is offering 46.9 million new shares for subscription by way of placement, at an issue price of 23 cents apiece, to raise a total of $10.79 million.

The placement exercise will be made available to retail and institutional investors in Singapore. There will not be a public tranche.

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