DC Healthcare to raise RM49.81mil from IPO

DC Healthcare managing director Dr Chong Tze Sheng (left) and M&A Securities managing director of corporate finance Datuk Bill Tan

KUALA LUMPUR: ACE Market-bound DC Healthcare Holdings Bhd aims to raise RM49.81mil from its initial public offering (IPO) to fund its growth plans.

In conjunction with the launch of its IPO prospectus, the aesthetic medical services provider said RM9.44mil of the proceeds will go towards establishing aesthetic medical clinics and RM13.12mil for the purchase of medical machinery and equipment.