Baker McKenzie Advised Joint Global Coordinators And Bookrunners On MYR 3.28 Billion IPO Of Sunway Healthcare Holdings Berhad

Baker McKenzie advised Joint Global Coordinators and Bookrunners on MYR 3.28 billion IPO of Sunway Healthcare Holdings Berhad

The global law firm, Baker McKenzie advised the Joint Global Coordinators and Joint Bookrunners, as to US federal securities laws and English law, in connection with the MYR 3.28 billion initial public offering (IPO) (including an over-allotment option) and the listing of Sunway Healthcare Holdings Berhad on the Main Market of Bursa Malaysia. The listing marks Malaysia’s largest IPO in almost a decade, with the company’s shares commencing trading upon listing.

Sunway Healthcare Holdings Berhad, a unit of Sunway Berhad, is one of Malaysia’s leading healthcare providers, operating five hospitals along with other ancillary healthcare businesses. The offering included participation from retail investors in Malaysia and institutional investors internationally in reliance on Regulation S under the U.S. Securities Act of 1933.

Maybank Investment Bank and AmInvestment Bank acted as Joint Principal Advisers, Joint Global Coordinators, Joint Bookrunners, Joint Managing Underwriters and Joint Underwriters. UBS, HSBC and Jefferies also acted as Joint Global Coordinators, alongside other Joint Bookrunners and Joint Underwriters in the international IPO.

The Baker McKenzie team was led by Alexander Stathopoulos (Principal), with support from Natania Ng (Associate) and Andre Sng (Associate). The English law aspects of the IPO were advised by George Marshall (Partner), supported by Avni Devgan (Associate).

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