On 10 April 2021, Econ Healthcare (Asia) Ltd had launched its IPO shares at 28 cents a share until 12pm on 15 April 2021. Hence, upon listing of 257.0 million shares, Econ Healthcare shall lift its market capitalization of S$ 72.0 million. You may download its IPO prospectus to study it or you may spend 5-10 minutes here, where I’ll summarise 8 things to know before subscribing its IPO shares. 1. Business Model Today, Econ Healthcare operates 10 medicare centres and nursing homes in Singapore and Malaysia with a combined bed capacity of 1,376. They include: In 1H 2021, Econ Healthcare had achieved an occupancy rate of 88.4% and houses as much as 1,094 residents. Every resident would be required to enter into an admission contract with Econ Healthcare. Econ Healthcare would charge a fee based on its location of its centres, duration of stay, the condition of its residents and its choices of room....