PETALING JAYA: PMCK Bhd
, a Kedah-based healthcare services provider, has gained the approval of Bursa Malaysia to list on the ACE Market of Bursa Securities.
In a statement, the company said this milestone underscored its strategic focus on expanding its footprint through the development of PMC Kulim, a state-of-the-art private medical centre and mixed-use facility in Kedah, poised to address critical gaps in regional healthcare access.
PMCK said its initial public offering comprises 272.6 million new shares (25% of enlarged issued share capital), with proceeds allocated for the repayment of bank borrowings for PMC Kulim’s construction; acquisition of equipment for PMC; and estimated expenses related to the listing exercises.
“Post-listing, PMCK will consolidate its other businesses in Kulim (Poliklinik Unik and Klinik Pergigian Unik) under PMC Kulim to enhance operational efficiency.
“The project’s mixed-use component is also expected to diversify revenue streams, contributing to long-term sustainability,” it said.
