SINGAPORE (Oct 6): Fullerton Healthcare Corp has lodged its draft listing prospectus on Sept 28, indicating its intention to sell 140.3 million shares, excluding the overallotment option, at an “indicative” price of $1.73 a share.

With a total share base of 742.6 million, this will value the company at $1.285 billion, making it the seventh largest healthcare stock in the local market.

The largest, by far, is IHH Healthcare, which has a market value of some $18 billion. Raffles Medical Group, the 40-year-old stalwart of private medical practice in Singapore, is worth around $2.7 billion.

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