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IPO Chilli Ratings

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Foundation Healthcare Holdings IPO: The Biggest SGX Healthcare Listing Since IHH — Worth Chasing?

Special Edition: Foundation Healthcare IPO Singapore hasn't seen a healthcare IPO of this size in over a decade. Foundation Healthcare Holdings (" FHH ") is looking to raise up to S$242 million at an offering price of S$0.76 per share , implying a market capitalisation of roughly S$1.0 billion — reportedly the largest healthcare listing on SGX since IHH Healthcare's dual-listing back in 2012. Public offer closes 6 July, 12pm , with trading expected to start on 8 July 2026 . Let's dig into what FHH actually does, why parts of the story are genuinely attractive, where I'd want to be careful, and whether the pricing leaves anything on the table for IPO subscribers. The Business: A Doctor Roll-Up With a Tech Layer FHH is a multi-specialty private healthcare platform built on three verticals: Specialists — 108 full-time medical specialists across 16 specialties and 74 specialist clinics as at 31 March 2026, making...

A test of investors' will?

It is amazing that HL Bank is launching its 2nd IPO of June, Combine Will International Limited. Frankly, the English name of this company really sounded like one that is 'bought off-the-shelf' and is really 'testing' the will of the market.

The performance of the recent IPOs have been lacklustre and i will not be surprised if Combine Will trades below water post its IPO. On another IPO, I was informed by my DBS broker that it is no longer underwriting for China Fibertech and i wont be allocated the IPO shares and i heaved a sign of relief.

Let me do a write up on Combine Will when i managed to hold of that hard copy prospectus... (too lazy to read the online version...)

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