Sunway Healthcare IPO oversubscribed


The public portion of the IPO was oversubscribed by 5.57 times ahead of its listing on Bursa Malaysia’s Main Market.

PETALING JAYA: Sunway Healthcare Holdings Bhd’s (SHH) initial public offering (IPO) has attracted strong demand from retail investors, with the public portion oversubscribed by 5.57 times ahead of its listing on Bursa Malaysia’s Main Market.

According to Malaysian Issuing House Sdn Bhd, which handled the balloting process, the retail offering involved 230 million new shares made available to the Malaysian public.

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