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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials

GIC, Temasek unit said to back IHH Healthcare IPO

Posted on 13 June 2012

IHH Healthcare’s US$2 billion (S$2.56 billion) listing has secured a strong cast of cornerstone investors including the Government of Singapore Investment, Temasek unit Fullerton Fund Management and Blackrock, sources said.
The dual listing of Asia’s largest hospital operator, slated for the Malaysian and Singapore bourses by the end of next month, comes as a string of initial public offerings have been delayed or scrapped because of investor worries about Europe’s debt crisis and China’s slowing economy………………………………………..Full Article: Source


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