Fullerton Healthcare files draft prospectus for mainboard listing

Singapore

MANAGED care provider Fullerton Healthcare Corporation Limited has lodged its preliminary prospectus for a listing on the Singapore Exchange (SGX) - the first healthcare company aiming for an initial public offering (IPO) on the main board this year.

Based on the draft prospectus filed on Wednesday, the exercise will involve 140.3 million shares (subject to an over-allotment option), of which 93 million are new shares and the rest are vendor shares. The shares are to be offered by way of an international placement which includes institutional and other investors in Singapore, as well as an offering to the public in Singapore.