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Fullerton Healthcare faces delays to IPO after complaints

SGX has received letters outlining concerns about the medical service provider's business, sources say

Published Thu, Oct 13, 2016 · 09:50 PM
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Singapore

FULLERTON Healthcare Corp, the medical service provider that took orders for its Singapore initial public offering (IPO) last week, is facing delays to the share sale after regulators received complaints, people with knowledge of the matter said.

Singapore regulators are asking Fullerton Healthcare more questions after receiving letters outlining concerns about its business, the sources said, asking not to be identified because the information is private.

The company is engaging with the regulators and still hopes to complete the IPO, according to one of the sources. It has not yet set a new t…

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