Sunway Healthcare surges post-IPO as health demand set to rise in a wealthier, older Malaysia
Sunway Healthcare shares rose 28% in their first day of trading, following the company’s 2.9 billion ringgit ($732 million) IPO, the country’s largest in nearly a decade. Shares of the Kuala Lumpur-based hospital operator, previously the healthcare arm of Malaysian conglomerate Sunway Group, closed at 1.85 ringgit on Wednesday, up from the offer price of…