Sunway Healthcare appoints six banks for its upcoming stock market debut in Malaysia
The private hospital group plans to launch its prospectus this quarter to fund facility expansions. Six major banks will underwrite the massive offering.
Insights:
Sunway Healthcare Holding has completed the engagement of six investment banks as underwriters for its upcoming initial public offering on the Bursa Malaysia stock exchange in Malaysia 
MY. This move enables the company to prepare for the launch of its IPO prospectus within the first quarter of the year. The planned offering is significant in scale, with reports indicating it could be larger than 3 billion ringgit and involve approximately 1.97 billion shares.
MY. This move enables the company to prepare for the launch of its IPO prospectus within the first quarter of the year. The planned offering is significant in scale, with reports indicating it could be larger than 3 billion ringgit and involve approximately 1.97 billion shares.The six investment banks appointed to manage the underwriting process include Maybank Investment Bank, AmInvestment Bank, Affin Hwang Investment Bank, CIMB Investment Bank, RHB Investment Bank, and Kenanga Investment Bank. The proceeds from the listing are intended primarily to support the ongoing expansion of hospitals under the Sunway Healthcare umbrella.
