---
title: "Foundation Healthcare IPO 3.8 times subscribed"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291929932.md"
description: "Foundation Healthcare's IPO was 3.8 times subscribed, with the Singapore public offering seeing a 9.4x oversubscription. The Temasek-backed firm aims to raise S$242 million on the SGX main board at S$0.76 per share. Proceeds will fund acquisitions of specialist practices and medical centres in Singapore, as well as expansion into new markets. Shares are scheduled to begin trading on Wednesday."
datetime: "2026-07-07T12:05:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291929932.md)
  - [en](https://longbridge.com/en/news/291929932.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291929932.md)
generator: "portal-rs"
---

# Foundation Healthcare IPO 3.8 times subscribed

\[SINGAPORE\] The initial public offering of Foundation Healthcare was 3.8 times subscribed, the company said on Tuesday (Jul 7).

The international offering was 3.5 times subscribed, receiving interest for around 531.7 million shares for the 153.4 million shares available.

The Singapore public offering was 9.4 times subscribed, with 3,805 valid applications for 87 million shares, amounting to S$66.1 million; 9.2 million shares were available for subscription.

Shares of the healthcare company are set to begin trading on the Singapore Exchange (SGX) at 9 am on Wednesday.

Temasek-backed Foundation Healthcare announced on Jul 1 that it was seeking to raise S$242 million on the main board of the SGX, with an offer of 162.6 million shares at S$0.76 apiece.

Net proceeds from the offering will mainly fund investments in and acquisitions of specialist practices and medical centres in Singapore; they will also go towards investments to support expansion plans in new markets, and general corporate and working capital purposes.

### Related Stocks

- [FHH.SG](https://longbridge.com/en/quote/FHH.SG.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**