Press "Enter" to skip to content

GIC Scores Nearly Fourfold Return As Sunway Healthcare IPO Validates Malaysia’s Private Healthcare Appeal

Kuala Lumpur, 27 April 2026 – Singapore sovereign wealth fund GIC is set to earn nearly four times its early investment in Sunway Healthcare Holdings Bhd, marking a strong exit signal from one of Malaysia’s most closely watched healthcare listings in nearly a decade.

GIC invested S$241.5 million in 2021 for a 16% stake in Sunway Healthcare, at a time when the Singapore fund manager said it was confident in the company’s long-term growth potential, operating record and focus on modern medical infrastructure. Based on Sunway Healthcare’s public filings, GIC is estimated to earn around 3.75 times on its investment, excluding dividends.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

Author

  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

Latest News