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Metro inks underwriting agreement with MIDF Amanah

  From left: Mr. Lim Wai Khong (Managing Director of Metro Healthcare Berhad), Dr. Tee Swi Peng (Executive Vice-Chairman of Metro Healthcare Berhad), Datuk (Dr.) Joseph Dominic Silva (CEO of MIDF Amanah Investment Bank Berhad), Encik Azizi Mustafa (CEO of MIDF Berhad) Petaling Jaya, 27th September 2024 – Metro Healthcare Berhad has signed an underwriting agreement with MIDF Amanah Investment Bank for the latter to underwrite a total of 34,261,800 ordinary shares in conjunction with the transfer of Metro’s listing from the LEAP Market to the ACE Market of Bursa Malaysia Securities Berhad. Metro’s initial public offering (IPO) on the ACE Market of Bursa Malaysia entails a public issuance of 156,625,000 new ordinary shares, representing 16.0% of the Group’s enlarged share capital of 978,905,000 shares.  Of the 156,625,000 new shares, 3.5% of the enlarged share capital are made open for application to the Malaysian public and pink form and 12.5% of the enlarged share capital to Bu...