International Healthway Corporation Limited

by 2Y Capital on July 3, 2013

International Healthway Corporation (“IHC” or the “Company”) is offering 104.35m Placement Shares comprising 58.517m New Shares and 45.833m Vendor Shares at $0.48 each for a listing on Catalist. The market cap post IPO will be around $770.33m. The prospectus is here. I have taken a quick glance at the prospectus and i have to say that it is not an easy read. Information are “all over the place”.
The IPO will close on 4 July 12pm and there is no public tranche. I am also not getting any placement shares which really makes me lose the ‘motivation’ to do this write up. ^_^
IHC is an integrated healthcare services and facilities provider with an initial portfolio of 15 assets in PRC, Japan and Malaysia. It has 2 main business segments:
(1) Healthcare Services (Own manage and operate hospital and nursing facilities)
(2) Own medical …

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