CMC Infocomm Limited - Balloting Results

Posted by Mr. IPO July 04, 2026

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...

CMC Infocomm announced it balloting results this evening where the shares were subscribed by 4.68x.

Public investors who apply for 100,000 shares will have a slightly better than 50% chance and be allotted 7,000 shares. The balloting table is below.

I didn't realize it has one of the largest public tranche this year... must be a brave soul to do that and have to 'credit' them for that. :oP

I can't believe the Sponsor made such a mistake in announcement though. Based on the table below, do you think Kevin Phua applied and was allotted 50,000 or 50,000,000 shares and KCS applied for 2 million or 2 billion shares? so obviously, they should have deleted the '000 at the top of the table (circled in red).

I have to say the market sentiments is horrible right now. Let's see how it performs at debut ^_^

Happy IPOing

Comments

Anonymous said…

It proves that when something is easy to get, better dun get it.. U got 100 lots so easily means danger ...

really underwater now. 22.5 cents.. U losing quite a lot for ur 100 lots.

I cut loss early in the morning at 24.5 cents..

13 August 2015 at 09:13