Berjaya Corporation Berhad (KLSE:BJCORP) is proposing to list its indirect 51.62%-owned subsidiary, Singapore Institute of Advanced Medicine Holdings Pte Ltd. on the Catalist Board of the Singapore Stock Exchange Securities Trading Limited by way of an initial public offering. The organisation has appointed PrimePartners Corporate Finance Pte Ltd. to act as the Sponsor, Issue Manager, and Placement Agent to SIAMH for the Proposed Listing. PPCF is a Singapore boutique corporate finance firm licensed by the Monetary Authority of Singapore to provide financial advisory and capital raising services.

Details of the Proposed Listing, financial effects on the Group, and other developments, it said will be announced in due course.