Siloam Hospitals launches IPO of up to $225 million

Backed by the Lippo Group, the company offers a unique opportunity to invest in Indonesian healthcare. But it is not cheap and the weakening rupiah remains a concern.

Siloam International Hospitals on Thursday kicked off the institutional bookbuilding for its initial public offering, which gives investors their first ever chance to get exposure to Indonesia’s healthcare sector.

¬ Haymarket Media Limited. All rights reserved.

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