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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials

IHH, Kuwait fund in talks on IPOs

Posted on 07 June 2012

Integrated Healthcare Holdings (IHH), which operates hospitals in Asia, is trying to rope in Kuwait’s sovereign wealth fund as a cornerstone investor in its US$2bil (RM6.35bil) dual listing in Kuala Lumpur and Singapore, sources said.
The Middle Eastern investor would be part of more than 10 cornerstones that IHH hoped to finalise by next week who would take up over 40% of the US$2bil offering, sources with direct knowledge of the deal told Reuters………………………………………..Full Article: Source


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