OTHERS SUNWAY HEALTHCARE HOLDINGS BERHAD ("SHH") STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING ("IPO") OF ORDINARY SHARES IN SHH ("SHARES") IN CONJUNCTION WITH THE LISTING OF SHH ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")
| SUNWAY HEALTHCARE HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | SUNWAY HEALTHCARE HOLDINGS BERHAD ("SHH")
STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING ("IPO") OF ORDINARY SHARES IN SHH ("SHARES") IN CONJUNCTION WITH THE LISTING OF SHH ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") |
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In accordance with Regulation 9(1) of the Capital Markets and Services (Price Stabilization Mechanism) Regulations 2008, Maybank Investment Bank Berhad, being the stabilising manager in respect of the IPO (“Stabilising Manager”), wishes to announce that:
(a) the Shares may be subject to stabilising action;
(b) an aggregate of up to 295,349,400 Shares are the subject of an over-allotment option, solely for purposes of covering over-allotments of the Shares;
(c) the Stabilising Manager may purchase up to an aggregate of 295,349,400 Shares to undertake the stabilising action; and
(d) the maximum period during which the Stabilising Manager may stabilise the price of the Shares shall be from the commencement of trading of the Shares on the Main Market of Bursa Securities (“Listing Date”) until the earlier of:
(i) the date falling 30 days from and including the Listing Date; or
(ii) the date when the Stabilising Manager has bought, on the Main Market of Bursa Securities, an aggregate of 295,349,400 Shares, representing 15.0% of the total number of Shares offered under the IPO to undertake the stabilising action.
This Announcement is dated 6 March 2026.
This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America (“United States” or “U.S.”). This material does not constitute an offer for sale of the securities of SHH in the United States. The securities may not be offered, sold or delivered in the United States absent registration or an exemption from the registration requirements under the U.S. Securities Act of 1933, as amended. SHH does not intend to register any portion of the offering in the United States or to conduct a public offering of its securities in the United States. |
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Announcement Info
| Company Name | SUNWAY HEALTHCARE HOLDINGS BERHAD |
| Stock Name | SUNMED |
| Date Announced | 06 Mar 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06032026-00046 |