Nevertheless, Ong Chu Poh, the nursing operator’s managing director was determined to go ahead with the listing. “I believe when there is a crisis, there is an opportunity,” he told The Edge Singapore in Issue 41 (Dec 9, 2002).
Dear readers,
One of the first few IPOs covered by The Edge Singapore was that of Econ Healthcare back in December 2002. The offer was launched amid market uncertainty as images of the jetliners crashing into the Twin Towers in New York City in the 9/11 terrorist attacks were still fresh in the minds of investors.
