Global Market: Malaysia's Asia OneHealthcare files draft prospectus for IPO of up to 4.38 billion shares

· economictimes.indiatimes.com

Malaysian hospital operator Asia OneHealthcare has filed for an IPO of up to 4.38 billion shares on Bursa Malaysia. The TPG-backed company plans to use the fresh-issue proceeds for hospital expansion, facility upgrades, debt repayment and IPO expenses. It operates 23 hospitals and returned to profitability in FY26.

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