Malaysia: Sunway Healthcare IPO

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Malaysia: Sunway Bhd has started the ball rolling for the initial public offer (IPO) of its healthcare unit, sources told The Edge.
Maybank Investment Bank Bhd and AmInvestment Bank Bhd are said to be the front-runners as principal advisers for the IPO of Sunway Healthcare Group, the sources said. Affin Hwang Investment Bank Bhd and CIMB Investment Bank Bhd, meanwhile, have been shortlisted as joint book runners, according to sources. The conglomerate has also shortlisted three foreign firms as joint global coordinators, namely HSBC, UBS, and Jefferies, said the sources, who declined to be named as they are not authorised to speak to the media

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