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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...
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Jumbo Group Limited - Balloting Results

Jumbo announced that its shares was 8x subscribed. The 2m public tranche was >300x subscribed so it will be a tough act to get. 

Jumbo is indeed very hot... Looking at the list of institutional investors. No wonder the 2m public offering is only for making sure there is sufficient headcount. The list of institutional investors (besides the Cornerstone we already know) are listed below. 


The investors are mainly reputable "long only" asset managers such as Fidelity, Lion Global and Nikko. These bode well as for Jumbo as they were not deterred even though it is a Catalist board listing!


As for public investors, I am afraid it is really difficult to get. Investors who apply for 50 lots will get a 3:99 chance and be allocated 8,000 shares. Thank your lucky stars if you can get it. 

I am expecting a nice big pop on Monday  .

Happy Jumboing




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James said…
I'm quite surprised by all the big name institutional investors in this IPO, certainly bode well for its long term prospects.

Just a question, are investors in the placement tranche tied down by a 'lock-in' period?

What's your guess for the price gain on Monday? :D
7 November 2015 at 09:45
Mr. IPO said…
Hi James - No lock up for these investors except if you sign up as cornerstone investors.
7 November 2015 at 12:33
Mr. IPO said…
My haphazard guess is 35 cents :-P
7 November 2015 at 12:34
Anonymous said…
Mr IPO is a happy man today.
Huat Ah!
:-)
9 November 2015 at 10:17
Mr. IPO said…
Huat ah :) win some lose some la.
9 November 2015 at 13:50
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