PETALING JAYA: Monetary proceeds from the impending listing of Sunway Healthcare Holdings (SHH) is expected to be redeployed to Sunway Bhd ’s other profitable divisions, including the property sector. According to Hong Leong Investment Bank Research (HLIB Research), the proceeds that SHH’s main shareholder Sunway will accrue is potentially close to RM900mil and this can be redeployed into higher-return opportunities across the group. This will see Sunway’s stake in SHH being diluted from 84% to about 69.5%, HLIB Research said. “Despite Sunway owning a majority stake of 84% in SHH, SHH financials are equity accounted. Sunway will distribute SHH shares to its shareholders via a dividend-in-specie on the basis of one SHH share for every ten Sunway shares held, with the entitlement date to be determined later.

Source: The Star January 05, 2026 04:12 UTC