Billionaire Ananda's Usaha Tegas among cornerstone investors in IHH US$2bil IPO

PETALING JAYA: Billionaire T. Ananda Krishnan's Usaha Tegas group, Chua Ma Yu and the Employees Provident Fund (EPF) are some of the local players that have emerged as cornerstone investors for the US$2bil IHH Healthcare Bhd IPO.

In fact, 22 local and foreign cornerstone investors have committed themselves to buy shares of the healthcare group and people in the know said this IPO had been successful in attracting some of the big local and foreign names.