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IHH opens 9.6pc higher in Singapore debut (5225)

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IHH opens 9.6pc higher in Singapore debut (5225) Empty IHH opens 9.6pc higher in Singapore debut (5225)

Post by hlk Wed 25 Jul 2012, 12:37

SINGAPORE: Shares of Asia's largest hospital operator IHH Healthcare
Bhd opened 9.6 percent higher than its initial public offering price in
its Singapore trading debut.

At 9.01am, IHH Healthcare shares were traded at S$1.22, compared to its Singapore IPO price of S$1.113.

IHH, which has a dual listing in Singapore and Kuala Lumpur, raised
US$2.1 billion, making it the world's third largest IPO this year after
Facebook and Malaysia's plantation firm Felda Global Ventures Holdings.
--- REUTERS
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