Asian Healthcare Specialists Limited

Posted by Mr. IPO June 01, 2026

Singapore IPOs: Why I No Longer Cover Every Listing

Some readers may have noticed that I have not been writing about every Singapore IPO since last year. The simple reason is that life has become busier. Between my day job, an increasingly packed travel schedule, family commitments and desire to play more golf, I have become much more selective about how I spend my time. Writing detailed IPO reviews takes time — reading prospectuses, analysing financials, comparing valuations and understanding the competitive landscape. While I still enjoy investing and writing, I no longer feel the need to cover every IPO that comes to market. Instead, going forward, I will probably focus only on IPOs where I am seriously considering investing my own money or where there is something particularly interesting that is worth discussing. I suspect this will make the blog more useful as well. Rather than writing about every deal, I can spend more time sharing my thoughts on the handful that I believe deserve attention. That bring...

Asian Healthcare Specialists ("AHS" or the "Company") announced that its has completed the placement of 46.9m shares to 337 placees.

10% of the placement shares went to the Ho Bee Land's boss, Mr. Chua Thian Poh. Given the small issuance size and placement, my view is that the debut of the shares will be well supported.

I had given it a 3 chilli rating here.

“ We are encouraged by the strong investor support in the IPO, which reflects confidence in AHS’s track record and growth prospects. We believe that a listing on Catalist will allow us to access the capital markets to expand our business locally and regionally, as well as grow our talent pool to continue building our brand name. This indeed marks a major milestone for us as we work towards our goal of giving movement, quality and life to years ” - Dr Chin Pak Lin, Executive Chairman and CEO of AHS.

119 of the readers participated in the poll to guess the opening price and 30% guess it will open below 30 cents and 50% guessed it will be above 30c, with the 20% don't giving it a hoot.