SUNMED Sunway Healthcare Holdings
Key figures
- IPO price
- RM 1.45
- Day 1 open
- RM 1.70
- Day 1 close
- RM 1.85
- Current price
- RM 2.10
- Day 1 open %
- +17.2%
- Day 1 close %
- +27.6%
- Since listing
- +44.8%
- Oversubscription
- 5.57x
- Market cap
- RM 16.68 B
- Offer size
- 1969 M
- Enlarged shares
- 11500.2 M
- Float
- 17.12%
Four recorded prices. Spacing between points is not a time scale; the dashed line is the IPO price.
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 230 M | 11.7% |
| Bumiputera / MITI | 747.51 M | 38.0% |
| Private placement | 876.48 M | 44.5% |
| New shares issued | 575.01 M | 29.2% |
| Offer for sale | 1393.99 M | 70.8% |
Business profile (from the prospectus)
Prospectus excerpt shown in the document's original language.
Through our subsidiaries, we are principally involved in the (i) operation of medical centres; (ii) provision of a wide range of facilities and services for persons in need of senior living care and assistance ; (iii) provision of ambulatory care services; and (iv) op eration of TCM centres.
Source: company prospectus, PDF page 48.
Financials (from the prospectus)
| FY | Revenue (RM'000) | PATAMI (RM'000) | Margin | EPS (sen) |
|---|---|---|---|---|
| FPE2024 | 1,345,724 | 179,098 | 13.31% | 16.64 |
| FPE2025 | 1,585,749 | 139,830 | 8.82% | 12.62 |
| FYE2022 | 1,064,788 | 209,904 | 19.71% | 21.15 |
| FYE2023 | 1,456,893 | 181,625 | 12.47% | 17.08 |
| FYE2024 | 1,852,462 | 257,500 | 13.90% | 23.80 |
Latest-FY revenue growth: +27.15%. PE at the IPO price: 6.09. Source: company prospectus (verified excerpts), PDF page 55.
Board context: MAIN
Across 57 MAIN IPOs in the database: median day-1 close +3.9% (P25 -2.2%, P75 +27.6%), median since-listing +0.0%. 61.4% closed day 1 above their IPO price.
This IPO's day-1 close of +27.6% sits at P75 of its board · This IPO's since-listing of +44.8% sits at P77 of its board
Board peers: MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| LCTITAN [NS] | 11 Jul 2017 | RM 6.50 | -1.8% | -93.8% | RM 16.04 B |
| 99SMART [NS] | 09 Sep 2024 | RM 1.65 | +13.9% | +121.2% | RM 13.86 B |
| MRDIY | 26 Oct 2020 | RM 1.60 | +9.4% | +39.2% | RM 10.04 B |
| ECOSHOP | 23 May 2025 | RM 1.13 | +6.2% | +18.6% | RM 6.49 B |
| DXN | 19 May 2023 | RM 0.70 | -5.0% | -27.1% | RM 3.49 B |
| MTTSL | 21 Apr 2026 | RM 1.03 | -2.9% | +23.3% | RM 2.58 B |
| FFB | 22 Mar 2022 | RM 1.35 | +27.4% | +104.4% | RM 2.51 B |
| CTOS | 19 Jul 2021 | RM 1.10 | +47.3% | -26.8% | RM 2.42 B |
Audit
No audit published for this IPO.