The Sunway Medical Center and Sunway Sanctuary, an assisted living facility, in Kuala Lumpur.
Courtesy of Sunway Healthcare
Sunway Healthcare Holdings—controlled by Malaysian billionaire Jeffrey Cheah—is gearing up for an IPO to help bankroll its 1.6 billion ringgit ($381 million) expansion plan.
The company plans to offer up to 1.9 billion shares, equivalent to a 17% stake. The maiden share sale will include 1.39 billion existing shares and 575 million new shares, according to the…
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News Source: www.forbes.com
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