Sunway Healthcare has set the final price for its initial public offering at RM1.45 per share, paving the way for one of Malaysia’s largest stock market listings in recent years. The healthcare group aims to raise approximately RM2.86 billion through the listing.
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Sunway Healthcare Targets RM2.86 Billion Through Major IPO
The offering values the company at around RM16.7 billion and is expected to be the biggest IPO in Malaysia in nearly nine years. Strong investor interest has been reported due to the company’s growing presence in private healthcare services.
Trading of the shares is expected to begin on March 18 on Bursa Malaysia.
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