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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...

Viva Industrial Trust - Balloting Results

Viva Industrial Trust ("VIT") finally released its balloting results, slightly later than usual.

The public offer of 21m shares was slightly more than 5x subscribed and the balloting table is below for your reference:



You can see that they have allocated a lot of shares to the "big buyers", i.e. those who applied 50-99 lots will get 40 lots and those who applied for 100-299 lots will get 87 lots. I am not too sure if these bidders will be too happy when the IPO starts on next monday at 2pm. 

Good luck. As mentioned in my earlier post and on facebook page, i have given it a miss.

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