Singapore Institute of Advanced Medicine Holdings to raise S$26.2 million in Catalist listing

CANCER treatment provider Singapore Institute of Advanced Medicine Holdings (SIAMH), a unit of Bursa Malaysia-listed Berjaya Group, is offering 114 million shares at S$0.23 apiece as it seeks to list on the Catalist board of the Singapore Exchange.

The 114 million shares comprise around 109.6 million placement shares and about 4.4 million public shares.

The new shares will represent approximately 11 per cent of the company’s enlarged share capital.