PMCK plans RM24mil private placement for robotic surgery system, upgrades


PMCK Bhd managing director Datuk Dr Lee Gaik Cheng.

KUALA LUMPUR: PMCK Bhd plans to raise about RM24mil through a private placement, mainly to fund a robotic-assisted surgery system and upgrades at its Putra Medical Centre (PMC) in Alor Setar.

The private healthcare services provider said the proposed private placement would involve 109.06 million new shares, representing 10% of its existing issued share capital, at an indicative price of 22 sen each.

Of the estimated RM23.99mil proceeds, RM22.3mil, or 92.95%, will be used for capital expenditure, including RM15mil for medical, surgical and diagnostic equipment.

This includes RM11mil for a robotic-assisted surgery system, which will enable PMC to offer minimally invasive procedures in general surgery, obstetrics and gynaecology, and urology.

Managing director Datuk Dr Lee Gaik Cheng said the investment would strengthen PMC's clinical capabilities, improve patient care and allow it to retain more complex cases while attracting specialist surgeons.

“Robotic-assisted surgery is an important step in strengthening our clinical capabilities and keeping pace with advances in healthcare technology.

“By bringing these procedures in-house, we aim to improve patient care, retain more complex cases and enhance our ability to attract and retain specialist surgeons,” she said in a statement.

Another RM5.2mil will go towards hospital infrastructure and energy-efficiency upgrades, RM1.5mil for digital and IT systems, and RM600,000 for a new ambulance.

The remaining RM1.34mil will be used for working capital and RM350,000 for expenses related to the placement.

PMCK said the investments are expected to broaden its services, improve operational efficiency and support revenue growth.

Its medium-term growth is also expected to be supported by PMC Kulim, its new medical centre in Kulim, Kedah, which will expand the group's healthcare capacity upon commencement of operations.

The proposed placement is subject to, among others, Bursa Malaysia Securities Bhd's approval for the listing and quotation of the new shares on the ACE Market.

Based on its audited financial position as at April 30, 2026, PMCK expects the exercise to raise its net assets per share to 16 sen from 15 sen and reduce gearing to 0.20 times from 0.23 times.

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