ACE Market-bound PMCK inks underwriting agreement with Malacca Securities

From left: PMCK Bhd managing director Datuk Lee Gaik Cheng, PMCK deputy executive chairman Datuk Dr Lim Kim Huat, Malacca Securities Sdn Bhd managing director Lim Chia Wei and Malacca Securities vice-president, corporate finance Tan Sin Jiang.

KUALA LUMPUR: PMCK Bhd (PMCK) has inked an underwriting agreement with Malacca Securities Sdn Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd, scheduled for the third quarter of 2025.

In a statement today, the private healthcare service provider said the IPO comprises the issuance of 272.60 million new shares and an offer for sale of 32.72 million existing shares.