Sunway Healthcare Sets Friday for IPO Prospectus Launch
Sunway Healthcare Holdings will issue its IPO prospectus this Friday with a listing likely by next month. The offering could raise over 3 billion ringgit.
Sunway Healthcare Holdings is set to launch its initial public offering (IPO) prospectus this Friday, with its market debut expected to be finalized by next month. The announcement was made on Wednesday by its parent company, the conglomerate Sunway.
According to market sources, the healthcare provider could raise more than 3 billion ringgit ($771.80 million), a move that would value the private hospital operator at over 15 billion ringgit. This would mark the largest listing in Malaysia[Country:{ "assets":{ "country":"MY" } }] since the 3.8 billion ringgit float of Lotte Chemical Titan Holdings in 2017.
