It adds that the withdrawal is not expected to have any material impact on the consolidated earnings per share and net asset per share of LYC Healthcare for the FY2025 ending March 31.
Malaysia-listed LYC Healthcare Berhad has dropped its plan to list its subsidiary, LYC Medicare, on the Catalist board of the Singapore Exchange (SGX:S68
) (SGX), in view of “prevailing market conditions in the Singapore equity market”.
The withdrawal happened on June 10, less than three months after the preliminary offer document was filed on March 28. The group says that it is considering the possibility of listing its Singapore subsidiary, LYC Medicare, on other exchanges.
