A listing could take place next year, though the timing and other details such as size may change, the people said.
V Medical Aesthetics didn’t respond to a request seeking comment.
V Medical Aesthetics offers services to treat skin problems and has more than 48 doctors at some 17 clinics, according to its website. The company, which opened a branch in Kuala Lumpur in February, has over 60,000 patients, it says.
Malaysia has been attracting Singaporean companies looking to list shares, a reversal of the historical trend.
See also: CLI's China REIT to list by end of year; to raise $375 million issuing 400 million units
Among them, Grand Venture Technologyis considering a second listing in Kuala Lumpur.
About US$1.6 billion has been raised in 50 Malaysian listings this year, while Singapore has seen only four debuts that raised funds, data compiled by Bloomberg show.
