Berjaya Corp to raise S$30mil from Singapore medical services provider IPO

KUALA LUMPUR: Berjaya Corporation Bhd (BCorp) has proposed sub-dividing every one existing Singapore Institute of Advanced Medicine Holdings Pte Ltd (SIAMH) share and one convertible preference share on a basis to be determined later based on an initial public offering (IPO) price of at least SG$0.20 apiece.

SIAMH is its indirect 51.62 per cent-owned subsidiary which BCorp proposed to list on SGX's Catalist Board a few months ago.