Singapore: Econ Healthcare raises S$13.5m with Singapore IPO

Econ Healthcare has returned to the public equity markets with an IPO on the SGX that raised S$13.5m (US$10.12m). It offered 50 million shares on the Catalist Board at a price of S$0.28 per share. The largest private nursing home operator in Singapore and Malaysia has listed after almost 10 years in the hands of…

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