
Double Medical Health appoints six investment banks as underwriters for its IPO | Lianhe Zaobao

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Sunway Healthcare has appointed six investment banks as underwriters for its initial public offering (IPO), planning to list in Malaysia and expecting to raise over 3 billion Malaysian Ringgit, with a valuation exceeding 15 billion Malaysian Ringgit. The underwriters include Malayan Banking, Affin Hwang, CIMB, RHB, Kenanga, and Malaysia Investment Bank. The funds raised will be used for hospital expansion plans. Sunway Healthcare is one of Malaysia's leading private healthcare service providers, with approximately 1,805 beds
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