IHH covers books on day one, but foreigners will be squeezed
Integrated Healthcare Holdings opened the books for a listing that will be worth as much as MR6.37bn ($2bn), so becoming the latest Malaysian company to defy the turmoil in world stock markets by launching a jumbo listing. But a huge cornerstone tranche means the international bookrunners will be left with little to allocate to their clients, writes Louisa Burwood-Taylor.
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