Asia OneHealthcare files for Malaysia IPO
Malaysian hospital operator Asia OneHealthcare has filed a draft prospectus for an initial public offering on Bursa Malaysia. The TPG-backed firm plans to offer up to 4.38 billion shares to fund expansion and repay debt.
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Malaysian hospital operator Asia OneHealthcare filed a draft prospectus for an IPO of up to 4.38 billion shares and a listing on Bursa Malaysia. The filing follows earlier plans explored by TPG INC to value the company at 30 billion ringgit ($7.4B). The transaction marks one of the largest domestic healthcare listings in Malaysia.
