{"id":28395,"date":"2022-06-03T15:40:52","date_gmt":"2022-06-03T07:40:52","guid":{"rendered":"https:\/\/umedic.com.my\/Stagging2025\/?p=28395"},"modified":"2023-04-06T16:07:06","modified_gmt":"2023-04-06T08:07:06","slug":"bernama-online-news-in-brief","status":"publish","type":"post","link":"https:\/\/umedic.com.my\/Stagging2025\/bernama-online-news-in-brief\/","title":{"rendered":"Bernama Online &#8211; News in brief"},"content":{"rendered":"<p class=\"p1\">UMEDIC GROUP BHD (UMC), which is seeking a listing on Bursa Malaysia, today signed an underwriting agreement with Affin Hwang Investment Bank Bhd (AHIBB), its principal adviser, sponsor, sole placement agent and sole underwriter.<\/p>\n<p class=\"p1\">UMC\u2019s initial public offering involves the public issue of 97.22 million new UMC shares. In a joint statement, they said AHIBB is the sole underwriter of up to 31.78 million shares made available for application by the Malaysian public and eligible directors, employees and business associates of UMC.<\/p>\n<p class=\"p1\">UMC executive director and group chief executive officer Lim Taw Seong said the company aims to further strengthen its position as a distributor of medical devices in the local market and a manufacturer of medical consumables for distribution in both the local and international markets.<\/p>\n<p><a href=\"https:\/\/www.bernama.com\/en\/news.php?id=2087883\">Bernama Online<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UMEDIC GROUP BHD (UMC), which is seeking a listing on Bursa Malaysia, today signed an underwriting agreement with Affin Hwang Investment Bank Bhd (AHIBB), its principal adviser, sponsor, sole placement agent and sole underwriter. UMC\u2019s initial public offering involves the public issue of 97.22 million new UMC shares. In a joint statement, they said AHIBB [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":28377,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[176,182,181,174,177],"class_list":["post-28395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ace-market","tag-ahibb","tag-healthcare","tag-ipo","tag-umedic"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bernama Online - News in brief - UMediC Group Berhad<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/umedic.com.my\/Stagging2025\/bernama-online-news-in-brief\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bernama Online - News in brief - UMediC Group Berhad\" \/>\n<meta property=\"og:description\" content=\"UMEDIC GROUP BHD (UMC), which is seeking a listing on Bursa Malaysia, today signed an underwriting agreement with Affin Hwang Investment Bank Bhd (AHIBB), its principal adviser, sponsor, sole placement agent and sole underwriter. 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