The IPO could be Malaysia’s biggest in a decade.
Sunway has picked banks including HSBC Holdings and Malayan Banking (Maybank) to help arrange an initial public offering of its healthcare business, people familiar with the matter said.
Jefferies Financial Group and UBS Group have also been selected to help coordinate the Sunway Healthcare Group IPO, which could happen as soon as the second half of this year, the people said, asking not to be identified because the process is private. Other banks might be added, they said.
