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Sunway Healthcare Eyes $4.3 Billion Market Cap in Malaysia’s Biggest IPO Since 2017

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KUALA LUMPUR, Malaysia—The healthcare arm of Malaysian conglomerate Sunway 5211 -1.51%decrease; red down pointing triangle is eyeing a market capitalization of over $4 billion as its initial public offering gets under way.

Sunway Healthcare is looking to raise about $736.3 million in what would be Malaysia’s biggest IPO in nearly a decade.

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