Optimax Holdings Berhad (“Optimax”) (KLSE: OPTIMAX) made its debut on the ACE Market of Bursa Malaysia on 18 August 2020. At the time of writing, shares of the company are trading at RM0.76, which is at a premium of 153.3% from its initial public offering (IPO) price of RM0.30. If you are looking at Optimax with interest, here are 10 things to know before you invest.

1. History and background

Optimax provides eye specialist services through a chain of specialist centres operating under the name of “Optimax”.  The company has a network of 13 specialist centres in Malaysia, comprising 1 specialist hospital, 11 ambulatory care centres and 1 specialist clinic that are wholly-owned or jointly owned with resident eye surgeons. The specialist centres are located in the Northern region (Ipoh and George Town), Central region (Klang, Seremban, Seri Petaling, Shah Alam, Bandar Sunway and Taman Tun Dr Ismail (TTDI)), Southern region (Kluang, Muar, Segamat and Johor Bahru) and East Malaysia (Kuching).