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LAC Med set to list on Bursa with an AI healthcare play across Malaysia and Indonesia

Group’s proposed listing will serve as a springboard to accelerate regional expansion, with Indonesia as the sole overseas focus for now

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Tan Ai Leng

Tan Ai Leng

Published Mon, Dec 8, 2025 · 01:32 PM
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    • LAC Med chief executive officer Liew Yoon Poh says: "Indonesia is compelling simply by sheer size, supported by its national health insurance scheme."
    • LAC Med chief executive officer Liew Yoon Poh says: "Indonesia is compelling simply by sheer size, supported by its national health insurance scheme." PHOTO: LAC MED

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    [KUALA LUMPUR] As hospitals across Malaysia ramp up spending on advanced imaging, digital health and artificial intelligence (AI)-enabled diagnostics, LAC Med is preparing to list to capture the next wave of demand at home and in Indonesia.

    Formerly known as LAC Medical, the medical devices and integrated healthcare technology group will mark its debut on Bursa Malaysia on Wednesday (Dec 10) following a nearly 13 times oversubscription of its public tranche.

    Priced at 75 sen per share, the initial public offering will raise about RM78 million (S$24.6 million), comprising RM55.7 million in new funds for the group and RM22.5 million in proceeds for existing shareholders.

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    MalaysiaIPOMedical devicesAseanAsean BusinessAsia-Pacific

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