Big Caring set for RM8bil valuation, second-largest IPO of 2026
KUALA LUMPUR: Big Caring Group Bhd is poised to become Malaysia's second-largest initial public offering (IPO) of 2026 by market capitalisation, with an implied valuation of about RM8 billion ahead of its Main Market debut on Nov 19.
Big Caring Group Bhd is set to become Malaysia's second-largest IPO of 2026, with an implied valuation of approximately RM8 billion, ahead of its Main Market debut on November 19. The pharmacy operator, which currently operates 668 outlets, plans to issue up to 1.9 billion shares at a maximum price of RM1.08 each, with nearly 90% of the proceeds earmarked for repaying bank borrowings.
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