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Malaysia's Vista Eye to raise $30m to finance expansion

Eyecare chain to acquire local clinics struggling amid coronavirus pandemic

Many private eye clinics in Malaysia are struggling to continue their operations amid the coronavirus pandemic.    © Reuters

SINGAPORE/JAKARTA -- Malaysia-based private eyecare chain Vista Eye Specialist is looking to raise $20-30 million to finance its expansion plans, which include acquisition of local clinics, three sources told DealStreetAsia. 

The company, which was set up in 1999, is owned and founded by local entrepreneur Lim Boon Siong. The company's other shareholders include doctors associated with the chain, said one of the sources.

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