Religare Health to raise $416 million in Singapore IPO: Sources

Religare Health Trust will raise S$511 million after pricing its initial public share offer in Singapore at S$0.90 a share, at the lower end of its indicative range, two sources with direct knowledge of the matter said on Wednesday. The final pricing would indicate a prospective distribution yield of 8.95 percent, said one of the sources. The sources declined to be named because they were not authorized to speak to the media. ...