Big Caring sets Main Market IPO at RM1.08 per share, aiming to raise over RM2 billion

Big Caring has set its Main Market IPO price at RM1.08 apiece, reportedly to raise over RM2 billion. Reuters reports the offering values the Malaysian pharmacy chain at about $2 billion, and NST reports it plans overseas expansion through acquisitions.

Timeline

1. 29 Oct, 06:30 UTCFirst appeared on Google Trends
2. 29 Oct, 06:30 UTCThe Edge reports IPO price and RM2 billion raise
3. 29 Oct, 06:30 UTCReuters covers IPO valuing pharmacy chain at $2B

Top sources

• big caring ipoGoogle Trends
• Big Caring Targets RM8 Billion Valuation In IPO, Listing Set For Nov 19BusinessToday Malaysia
• Big Caring eyes overseas expansion through acquisitionsNST Online
• Big Caring eyes overseas expansion through acquisitionsNST Online
• Big Caring launches IPO valuing Malaysian pharmacy chain at $2 billionReuters