Big Caring launches IPO valuing Malaysian pharmacy chain at $2 billion

By Yantoultra Ngui HONG KONG, Oct 29 (Reuters) – Malaysian pharmacy chain Big Caring Group on Thursday launches its initial public offering, which could value the company at about 8 billion ringgit ($2 billion) ahead of a planned November 19 listing debut on Bursa Malaysia. The retailer is offering up to 1.9 billion shares at a maximum price of 1.08 ringgit each, Big Caring said in a statement.…

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