Baker McKenzie Advises Joint Bookrunners on Sunway Healthcare’s MYR 3.28 Billion IPO

Baker McKenzie acted as legal advisors to 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 (“Sunway Healthcare”) on the Main Market of Bursa Malaysia. The listing is Malaysia’s largest initial public offering in almost a decade. The company’s shares commenced trading today.

Sunway Healthcare, a unit of Malaysian conglomerate Sunway Berhad, is one of Malaysia’s leading healthcare providers, operating 5 hospitals together with other ancillary healthcare businesses.

Maybank Investment Bank and AmInvestment Bank are the Joint Principal Advisers, Joint Global Coordinators, Joint Bookrunners, Joint Managing Underwriters and Joint Underwriters for the offering. UBS, HSBC and Jefferies also acted as Joint Global Coordinators, together with other Joint Bookrunners and Joint Underwriters in this international IPO, which included an offering to retail investors in Malaysia and institutional investors internationally in reliance on Regulation S under the U.S. Securities Act of 1933.