IHH Healthcare locks in cornerstones for IPO


KUALA LUMPUR: Blackrock Inc , Capital Group and Och-Ziff Capital Management Group have emerged as cornerstone investors in the US$2bil listing of Malaysia's IHH Healthcare Bhd, according to two sources with direct knowledge of the flotation.

The other cornerstone investors are Singapore sovereign wealth fund Government of Singapore Investment Corporation , Fullerton Fund Management, AIA Group and Hwang Investment Management, the sources said.

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