Corporate Background
■ ISEC is a comprehensive medical eye care service provider that specialises in cataract and refractive surgery (including LASIK), vitreoretinal diseases, corneal and external eye diseases, glaucoma, uveitis, oculoplastics, facial cosmetics and aesthetics surgery, adult strabismus and paediatric ophthalmology.

■ In Malaysia, ISEC has two ambulatory surgical centres located in KL and Penang. In Singapore, the group has an eye clinic in Mount Elizabeth Novena Hospital, as well as operations in Gleneagles Hospital.

■ Revenue is derived from eye specialist services which include clinical consultation fees, sale of medication and profit sharing from services provided to PHS at LHM Eye Centre.

■ In FY13, ISEC derived the bulk of revenue from Malaysia (78%), followed by Singapore (22%).

■ Going forward, the group has earmarked $13.8m from the offer proceeds to expand operations into Asia Pac region - namely Indonesia, Myanmar, Philippines and Taiwan.