Optimax to raise RM21mil from listing

Listing plan: (from left) Sandy Tan, Affin Hwang IB deputy managing director Yip Kit Weng, Optimax non-executive director Datuk Tan Boon Hock, chief financial officer Michelle Tan and senior medical director Dr Stephen Chung at the prospectus launch.

KUALA LUMPUR: Optimax Holdings Bhd, en route for a listing on the ACE Market of Bursa Malaysia, plans to raise RM21mil from the exercise.

The eye specialist service provider is confident that its initial public offering (IPO) would be oversubscribed by multiple times, given the overwhelming interest by institutional investors and its presence in the healthcare industry during the Covid-19 pandemic.