KUALA LUMPUR: Sunway Healthcare Holdings Bhd (SHH) has signed an underwriting agreement with a syndicate of investment banks ahead of its initial public offering (IPO) and planned listing on the Main Market of Bursa Malaysia.
The agreement was signed with Maybank Investment Bank Bhd, AmInvestment Bank Bhd, Affin Hwang Investment Bank Bhd, CIMB Investment Bank Bhd, RHB Investment Bank Bhd and Kenanga Investment Bank Bhd
, SHH said in a statement yesterday.
The group expects to launch its prospectus in the first quarter of financial year 2026. The IPO will comprise up to 1.969 billion shares, including 1.39 billion existing shares and 575 million new shares.
It will involve an institutional offering of up to 1.62 billion shares, representing about 14.1% of the company’s enlarged issued share capital, and a retail offering of 345 million shares, or about 3%, the statement said.
SHH and its subsidiaries, collectively known as Sunway Healthcare Group, are among Malaysia’s leading integrated private healthcare providers, with a total licensed bed capacity of 1,805 as of January 2026.
Maybank Investment Bank and AmInvestment Bank will act as joint principal advisers, joint global coordinators, joint bookrunners, joint managing underwriters and joint underwriters for the IPO, the company said.
Sunway Healthcare Group president Datuk Lau Beng Long said the listing would strengthen the group’s ability to execute its long-term growth strategy by improving access to capital markets and enhancing financial flexibility.
“The IPO proceeds raised will be primarily utilised for capital expenditure to support the expansion of existing hospitals, enabling the group to pursue its growth plans more independently and efficiently,” he said. — Bernama
