Re­pub­lic Group has part­nered with Med­corp Ltd as the lead stock­bro­ker for its ini­tial pub­lic of­fer­ing (IPO).

A news re­lease from Re­pub­lic is­sued Thurs­day said as one of T&T’s largest pri­vate health­care providers, Med­corp launched its IPO for 350,000 or­di­nary shares at a price of $48 per share.

The move marks Med­corp’s tran­si­tion in­to the pub­lic mar­ket, mak­ing it a sig­nif­i­cant mile­stone in its strate­gic pur­suit of pro­vid­ing long-term pre­mier health­care ser­vice to this na­tion.

The of­fi­cial launch of the Med­corp IPO took place at a cock­tail event held at the Cha­co­nia Event Cen­tre in Mar­aval on Wednes­day.

It was co-host­ed by Med­corp and the IPO’s lead stock­bro­ker, Re­pub­lic Wealth Man­age­ment Ltd (RWML) to give deep­er in­sight in­to the com­pa­ny and fos­ter net­work­ing and im­por­tant con­nec­tions.

Dr Di­nesh Mor, deputy chair­man of Med­corp, said the de­ci­sion to list on the T&T Stock Ex­change was a bold step in­to pub­lic mar­kets.

“This mile­stone is not on­ly a hall­mark of our com­pa­ny’s evo­lu­tion but al­so a tes­ta­ment to our un­wa­ver­ing com­mit­ment to ad­vanc­ing health­care through­out the Caribbean...By invit­ing in­vestors in­to our sto­ry, we not on­ly di­ver­si­fy and strength­en fi­nan­cial port­fo­lios but al­so har­ness new cap­i­tal to ex­pand fa­cil­i­ties and adopt break­through tech­nolo­gies. This IPO is the nat­ur­al ex­ten­sion of our pi­o­neer­ing spir­it as we widen the scope of our im­pact,” he said.

First in­tro­duced as a client through Re­pub­lic Bank’s cor­po­rate bank­ing di­vi­sion, the re­lease al­so said a trust­ed, long-term re­la­tion­ship has been main­tained with Med­corp through­out the years.

As a re­sult of these strong ties with the Re­pub­lic Group, RWML was se­lect­ed to be Med­corp’s lead stock­bro­ker for the de­vel­op­ment.

Karen Yip Chuck, group vice-pres­i­dent, Re­pub­lic Fi­nan­cial Hold­ings Ltd, in her wel­com­ing re­marks at the launch said, “This IPO launch is a mo­men­tous oc­ca­sion, one that rep­re­sents the cul­mi­na­tion of vi­sion, strat­e­gy and dis­ci­pline. For over three decades, Med­corp has been a leader in our health­care sys­tem. A leader, dri­ven by in­no­va­tion and pa­tient-cen­tred care, that has con­sis­tent­ly de­liv­ered world-class med­ical ser­vices.

“It is this very lead­er­ship that has pro­pelled Med­corp’s growth from a sin­gle hos­pi­tal to a net­work of pre­mier health­care fa­cil­i­ties, in­clud­ing the St Clair Med­ical Cen­tre, Good­health Med­ical Cen­tre, the Bri­an Lara Can­cer Treat­ment Cen­tre, and Doc­tors Ra­di­ol­o­gy. To­day the in­sti­tu­tion stands as one of our coun­try’s largest and most re­spect­ed pri­vate health­care providers with a rep­u­ta­tion that in­spires tremen­dous trust. For us at the Re­pub­lic Group it has been a priv­i­lege to sup­port our long­stand­ing client on this re­mark­able jour­ney.”

The in­vi­ta­tion pe­ri­od to par­tic­i­pate in the Med­corp IPO opened on May 27, 2025 and clos­es on June 13, 2025.

In­ter­est­ed per­sons can view the prospec­tus and com­plete sub­scrip­tion in­for­ma­tion via Re­pub­lic Wealth Man­age­ment Ltd.