The Economic Times

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

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.