Malaysia’s biggest IPO in years? Sunway Healthcare targets RM3b float, sources say

SINGAPORE, Jan 23 — Sunway Healthcare Group has hired banks, including CIMB and Malayan Banking Bhd, to work on a more than RM3 billion Malaysian initial public offering, two...

Sources told Reuters that Sunway Healthcare Group has hired banks, including CIMB and Malayan Banking Bhd, to work on a more than RM3 billion Malaysian initial public offering that could happen in the second half of this year or 2026. — Picture by Firdaus Latifas a first-time user .

The IPO could be the country’s biggest offering since Lotte Chemical Titan Holding’s RM3.8 billion float in 2017. Established in 1999 by Malaysian conglomerate Sunway Group, Sunway Healthcare now has three hospitals in Malaysia with a combined capacity of some 1,730 beds and more than 400 specialist consultants, according to its website.

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