Foundation Healthcare Holdings' IPO, the largest SGX healthcare listing since 2012, is around 3.8 times subscribed.
The public tranche of 9.21 million shares received valid applications for more than 86.98 million shares, while the larger international tranche attracted 531.7 million shares for 153.36 million shares offered.
The shares are sold at 76 cents each. Book building took place at up to 92 cents.
This listing attracted substantial applications from five investors of between 13.1 million and 20.5 million shares each: Amova Asset Management Asia; RBC Global Asset Management (Asia); AIA Investment Management; Marloes Fund and ACM Global Fund VCC.
Amova and RBC were already two of the ten cornerstone investors named earlier.
The other eight cornerstone investors are Aregence Capital Management, Granite Asia IX VCC, Hood River Capital Management, International Finance Corporation, Lion Global Investors, Manulife Investment Management (Singapore), Orbit Master Holdings and UBS.
See also: Temasek-backed gym chain Cult.Fit files paperwork for India IPO
Oversea-Chinese Banking Corporation and UBS are the joint issue managers for the offering.
Jefferies Singapore, OCBC and UBS are the joint global coordinators, while Jefferies, OCBC, UBS, DBS and United Overseas Bank are the joint bookrunners and underwriters for the offering.
Trading will commence when market opens on July 8, with SGX's CEO Loh Boon Chye attending the listing ceremony.
