DC Healthcare inks underwriting agreement with M&A Securities

From left: DC Healthcare executive director Dr Lai Ngan Chee, managing director Dr Chong Tze Sheng, M&A Securities managing director of corporate finance Datuk Datuk Bill Tan and deputy head of corporate finance Danny Wong

KUALA LUMPUR: DC Healthcare Holdings Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

The aesthetic medical services specialist said the listing exercise involves the public issue of 199.26 million shares or 20% of its enlarged number of issued shares, and an offer for sale of 99.63 million shares or 10% of the enlarged share capital to selected investors.