KUALA LUMPUR (May 30): DC Healthcare Holdings Bhd, a specialist in aesthetic medical services, has signed an underwriting agreement with M&A Securities Sdn Bhd for DC Healthcare’s upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

DC Healthcare’s listing exercise involves a public issue of 199.26 million shares or 20.0% of the group’s enlarged issued share capital offered at the IPO price, and an offer for sale of 99.63 million shares, representing 10.0% of the enlarged share capital to selected investors.

Under the agreement, M&A Securities will underwrite 79.70 million issue shares made available to the Malaysian public, as well as through the pink form allocations. The remaining 119.56 million issue shares and 99.63 million offer shares to be placed out by M&A Securities will not be underwritten.

“We are looking forward to working with M&A Securities for the IPO, continuing a journey that we first began with the opening of our first clinic in 2016, that provided general medical services and then transitioned into providing and focusing on aesthetic services,” DC Healthcare managing director Dr Chong Tze Sheng said in a statement on Tuesday (May 30).

He added that the group currently has 12 aesthetic medical clinics, and is planning to open more by utilising the proceeds from the IPO.

DC Healthcare provides aesthetic services, general medical services, and the sale of skincare products. The group has a market presence in the central and southern regions of Peninsular Malaysia, namely in Negeri Sembilan, Selangor, Johor and Kuala Lumpur.

DC

ini ok ar?

Be very careful as the owner is paring down his stake very rapidly

like tis wait it offical launching see how

Check properly because seems it is either aesthetic company basically masquerading as healthcare 🤦‍♀️

We will know more when prospectus launch

I do agree. Close to 100 million shares to be dumped. Can easily start another business elsewhere. No competitive advantages n low entry barriers. Thinking that winning some awards will make a difference.

This post has been edited by cckkpr: Jun 6 2023, 10:42 AM

These days awards can be bought 🤦‍♀️ basically awards are just hyped up marketing paid by the so called award winners 🤦‍♀️

The thing is with this IPO you can see the owner paring very low as we all know that no such thing as free lunch when most business owner wouldn’t let go so much if the business is profitable

ada award lagi...fuyoh cantik hor

anyway lingzhi , so many direct selling their wall
all full of awards

now go google also can print oreli

That is why you don’t trust and be sceptical about this so called bought awards 🤦‍♀️ and you can see how much paring down of shares by the owner tells you that the business is not that great that it seems

He’s a doctor. Not only smart in studies but also try to make a quick kill.

Where to see the prospectus exposure?

i think official launching coming soon

I just listen to the MD briefing in highlights. 13 branches so far. Revenue for 2022 52 million. GP was 30% n PAT 20%. Revenue double from 2021 to 2022 due to double No of outlets. Another 10 to open in 2023 of which 2 already opened.
I think 2023 will still grow but whether at the 2022 growth rates as most hot areas already open clinics.
Low entry barriers. Business model similar to eye specialists whose main income is cataract operations while this is mainly skin care.
Ko skin clinics has the same services n was very aggressive in early days but now seems to hv slowed down.
Low IPO price. Good for a fast buck, provided good over subscription rate or else susah la.

A channel with the most important IPO info and optimum balloting amount.

https://t.me/ipomonster

This mercury can or not
Which analysis is ok?

recently IPO is not that hot like last year, becareful

hoot sama dia lah
ini beauty saloon sure many aunties suka
no nid go Pattaya or Seoul to kasi cantik
bisness sure good

Growth momentum shd be sustainable for 2023 due to opening of new outlets. Thereafter questionable as most targeted areas for outlets hv been opened. Many clients r first timer n repeated clients are not that many.
For hair issues, Yun Nam dominates the market n skin problems you need to see a dermatologist. Remembering Svenson n Marie France?

http://lchipo.blogspot.com/2023/06/dc-heal...berhad.html?m=1

no take up for this ipo???

Why wanna take the risks 🤦‍♀️ when the existing owner is selling off and paring down because it is losing market share and slow growth