IHH Healthcare IPO

IHH Healthcare signs up 22 cornerstones for IPO

Malaysia-based hospital operator IHH is looking to raise up to $2.2 billion but, excluding the cornerstones, only $280 million will be available for institutional investors.
<div style="text-align: left;"> IHH's Mount Elizabeth hospital in Singapore </div>
<div style="text-align: left;"> IHH's Mount Elizabeth hospital in Singapore </div>
June 18, 2012

Perhaps it is the fact that the company is operating in the healthcare industry that makes it so prudent, but IHH Healthcare, which is backed by state-owned Malaysian investment company Khazanah Internasional, is certainly taking no chances with its initial public offering.

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