ABOUT a third owned by private equity firm, Creador, the Big Caring Group, whoes mainstay is its wide network of pharmacies, 626 stores all in all, across the nation .
REPORTED as a landmark IPO, Big Caring, among others also sells health products and vitamins - supplements, vitamins, herbs, as well as beauty and dermatology products - skincare, dermatology cosmetics.
MUCH has been, written on the nearly RM3 billion, Big Caring intends to raise, there is negligible literature, on why the IPO, is a test tube landmark share sale.
TO put matters into perspective, the Big Caring IPO is built on a foundation that requires new investors forking out RM140, for every RM1 earned by the company.
WITH a valuation which stretches towards the RM20 billion point, investors buys the shares will be doing so at a time, when the FTSE Bursa Malaysia KLCI, trades at price to earnings of 17.05 times.
THE broader Malaysian market has a PE of 13.10 times, against a less than flattering backdrop , which has seen Malaysia’s share in the MSCI Emerging Market fall to 1.21 per cent last year from a base of 33.78 per cent in 1988.https://theedgemalaysia.com/node/800874
AS a sector, the aesthetic business have the hallmark of a winner, though the caveats are too bold to ignore; all that glitters isn't gold.
PUBLICLY traded companies listed on Bursa Malaysia, involved in this sector either as pure plays or partial ones, seem to be cursed with the same malice; inconsistency in making a profitable buck.
EVEN in the case of In Nature Bhd, the leading retailer of Body Shop products, consistency is an archilies heel due to challenging retail environments and heavy investments in regional expansion and brand diversification.
SIMPLY Wall Street hits the nail to the coffin with its observation; "Earnings have declined by 19% per year over the past 5 years".https://simplywall.st/stocks/my/retail/klse-innature/innature-berhad-shares
LYC Healthcare Bhd, an operator of confinement centres and aesthetic clinics, appears to be facing significant challenges after years of losses, crashing it's dream of a Nasdaq listing to much more humble realities.https://www.thestar.com.my/business/business-news/2026/06/13/lyc--from-nasdaq-dreams-to-gn3
At end-May 2025, LYC was classified as a GN3 company, a status that applies to financially distressed ACE Market companies. Based on its filings with the stock exchange, LYC has about four months to submit its regularisation plan.
TO make matters worst,Messrs Crowe Malaysia PLT quit as auditors over a dispute on how much it's services should be priced at.https://theedgemalaysia.com/node/794520
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