Skyline Optical Group Sdn Bhd has appointed MCI Capital Sdn Bhd as financial advisor for its proposed initial public offering (IPO) on the Singapore Exchange (SGX), as the Malaysian eyewear distributor gears up for regional expansion.
The company said it is evaluating the optimal listing structure and timeline, with decisions to follow the completion of due diligence and regulatory approvals.
Skyline Optical has operated as a key distributor of eyewear frames and sunglasses in Malaysia since 2008, with a regional B2B network serving retailers and optical chains. Its expansion includes subsidiaries J & J International Eyewear and Tag Spec Sdn Bhd, formed in 2022 and 2023 respectively.
