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Asian Healthcare Specialists' IPO placement fully subscribed

IPO

Asian Healthcare Specialists' IPO placement fully subscribed

Michelle Zhu Published on Wed, Apr 18, 2018 / 5:34 PM GMT+8

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SINGAPORE (Apr 18): Orthopaedic group Asian Healthcare Specialists (AHS) says it has successfully completed the placement for its initial public offering (IPO), raising $10.8 million in gross proceeds.

Valid applications for all 46.9 million placement shares were received at the close of the application at 12 noon on Wednesday, says AHS in a filing.

The placement shares were priced at 23 cents each.

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