IPO Analysis

Upcoming Listing

ISF Group Berhad ISF | ISF Group Berhad

ISF Group Berhad, through its subsidiary Yeo Plumber Sdn Bhd, is primarily involved in the supply and installation of piping systems for end-user premises, as well as water supply and sewer infrastructure piping. The company also provides maintenance and repair services for these systems. Its operations cover a wide range of properties and infrastructure, including industrial facilities, data centres, residential and commercial buildings, and public infrastructure like power plants and mass transit facilities. The Group serves customers across Peninsular Malaysia, with a significant presence in Johor, and utilizes both direct and indirect distribution channels to secure projects from main contractors, project management companies, property developers, and business owners.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Establish and expand operational facilities 11,350 18.56
Expansion Develop the existing business activities 2,050 3.35
Expansion Expand workforce 1,850 3.03
Working capital Working capital 39,899 65.25
Listing expenses Estimated listing expenses 4,800 7.85
Debt Loan repayments 1,200 1.96
Total 61,149 100
Market: ACE
Principal Adviser: Alliance Islamic Bank Berhad
Shariah Status: SC (Yes)
Listing Price: 0.33
PE Ratio: 12.7-34.4
    PE (FYE): 34.38
    PE (FPE Annualised): 12.68
    PE (Hybrid): 17.51
    PE (Latest Qtr): 15.8
MITI allocation?: Yes
Closing Date: 14-Jan-2026
Balloting Date: 20-Jan-2026
Listing Date: 28-Jan-2026
Oversubscription rate: 31.14x
Average Analysts FV*:
TA (0.42), Mplus (0.46), Apex (0.55), RHB (0.41), Public Invest (0.41), Tradeview (0.47)
iSaham IPO Score***:
Market Cap: 330.00 M
Number of Shares: 1,000.00 M
IPO Allocations No. of Shares %
Malaysian Public 50.00 M 5.0%
Bumiputera shareholders approved by MITI 125.00 M 12.5%
Eligible Directors and employees 15.0 M 1.5%
Private placement to selected investors and others 85.299 M 8.53%
Total Allocations 275.30 M 27.53%

Offer for Sales of 90.00 M existing shares representing 9.0% enlarged shares.

Public Issue of 185.30 M new shares representing 18.53% enlarged shares.

Median Sectors PE:
Median Peers PE:
One Gasmaster Holdings Berhad OGM | One Gasmaster Holdings Berhad

One Gasmaster Holdings Berhad is principally involved in providing environmental monitoring, gas detection, gas piping, and industrial hygiene services. The Group offers comprehensive solutions that include the design, supply, installation, testing, and commissioning of its systems. It complements these offerings with maintenance and calibration services through its ISO/IEC 17025 certified laboratory, ensuring accurate and reliable system performance for clients across various industries such as oil & gas, power generation, manufacturing, food and beverage, and chemicals. Additionally, the company trades in related products, including instruments, parts, and components to support its customers' operational needs.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Business expansion 3,760 19.41
Expansion Capital expenditure for setting up new calibration laboratory 1,678 8.66
Expansion Setting up branch offices and calibration laboratories in Johor, Terengganu and Penang 4,886 25.22
Working capital Working capital for current operations 5,051 26.06
Listing expenses Estimated listing expenses 4,000 20.65
Total 19,375 100
Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Shariah Status: SC (Yes)
Listing Price: 0.25
PE Ratio: 13.9-42.7
    PE (FYE): 13.93
    PE (FPE Annualised): 42.68
    PE (Hybrid): 26.16
MITI allocation?: Yes
Closing Date: 16-Jan-2026
Balloting Date: 20-Jan-2026
Listing Date: 27-Jan-2026
Oversubscription rate: 25.24x
Average Analysts FV*:
TA (0.27)
iSaham IPO Score***:
Market Cap: 77.50 M
Number of Shares: 310.00 M
IPO Allocations No. of Shares %
Malaysian Public 15.50 M 5.0%
Bumiputera shareholders approved by MITI 38.75 M 12.5%
Eligible Directors and employees 3.1 M 1.0%
Private placement to selected investors and others 35.65 M 11.5%
Total Allocations 93.00 M 30.0%

Offer for Sales of 15.50 M existing shares representing 5.0% enlarged shares.

Public Issue of 77.50 M new shares representing 25.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Ambest Group Berhad AMBEST | Ambest Group Berhad

Ambest Group Berhad, through its subsidiary Ambest Technology, is an engineering supporting services provider primarily focused on providing precision machining and sheet metal fabrication for customers in the semiconductor industry. The Group's precision machining services involve processes like milling, turning, and turn-milling to produce high-precision parts and components. It also offers value-added services such as sub-modular assembly, which involves assembling precision-machined components with other metal parts to create frames and structures, and surface finishing treatments like anodising to enhance product properties. The sheet metal fabrication services, which are outsourced to sub-contractors, involve processes like stamping and bending to form desired shapes for enclosures. The company operates from its facilities in Penang, Malaysia, and serves both domestic and international markets, including Singapore and the USA.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Purchase of new machineries 3,900 14.18
Working capital General working capital 6,800 24.73
Listing expenses Estimated listing expenses 4,800 17.45
Debt Repayment of borrowings 12,000 43.64
Total 27,500 100
Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Shariah Status: SC (Yes)
Listing Price: 0.25
PE Ratio: 16.6-18.4
    PE (FYE): 18.38
    PE (FPE Annualised): 18.32
    PE (Hybrid): 16.65
MITI allocation?: Yes
Closing Date: 27-Jan-2026
Balloting Date: 29-Jan-2026
Listing Date: 06-Feb-2026
Average Analysts FV*:
iSaham IPO Score***:
Market Cap: 127.50 M
Number of Shares: 510.00 M
IPO Allocations No. of Shares %
Malaysian Public 25.50 M 5.0%
Bumiputera shareholders approved by MITI 63.75 M 12.5%
Eligible Directors and employees 12.75 M 2.5%
Private placement to selected investors and others 48.953 M 9.6%
Total Allocations 150.95 M 29.6%

Offer for Sales of 40.95 M existing shares representing 8.03% enlarged shares.

Public Issue of 110.00 M new shares representing 21.57% enlarged shares.

Median Sectors PE:
Median Peers PE:
Kee Ming Group Berhad KEEMING | Kee Ming Group Berhad

Kee Ming Group Berhad, through its subsidiary Kee Ming Electrical, is a Mechanical and Electrical (M&E) engineering solutions provider in Malaysia. The Group's principal activities involve the provision of M&E engineering services and maintenance and repair services. It has approximately 13 years of operating history, undertaking projects for both public and private sectors across industrial, commercial, residential, and clean energy segments. The services include the design, supply, installation, testing, and commissioning of a wide range of electrical systems (HV, MV, LV, ELV), mechanical systems (ACMV, fire protection), and other solutions like solar PV and EV charging installations.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of project team 1,720 6.8
Expansion Purchase of ERP system 1,000 3.9
Working capital Project working capital for future projects 13,000 51.3
Working capital General working capital 598 2.4
Others Performance bond for future projects 4,000 15.8
Listing expenses Defray fees and expenses relating to our Listing 5,000 19.8
Total 25,318 100
Market: ACE
Principal Adviser: TA Securities Holdings Berhad
Shariah Status: SC (Yes)
Listing Price: 0.38
PE Ratio: 11.9-15.2
    PE (FYE): 15.2
    PE (FPE Annualised): 12.93
    PE (Hybrid): 11.92
MITI allocation?: Yes
Closing Date: 27-Jan-2026
Balloting Date: 04-Feb-2026
Listing Date: 12-Feb-2026
Average Analysts FV*:
iSaham IPO Score***:
Market Cap: 123.50 M
Number of Shares: 325.00 M
IPO Allocations No. of Shares %
Malaysian Public 16.25 M 5.0%
Bumiputera shareholders approved by MITI 40.62 M 12.5%
Eligible Directors and employees 8.125 M 2.5%
Private placement to selected investors and others 17.875 M 5.5%
Total Allocations 82.88 M 25.5%

Offer for Sales of 16.25 M existing shares representing 5.0% enlarged shares.

Public Issue of 66.62 M new shares representing 20.5% enlarged shares.

Median Sectors PE:
Median Peers PE:
Hock Soon Capital Berhad HOCKSOON | Hock Soon Capital Berhad

Hock Soon Capital Berhad, through its subsidiaries, is principally involved in the poultry farming industry, focusing on rearing layer chickens for the production and sale of table eggs. The Group operates a vertically integrated business model which includes in-house feed mill operations to produce its own poultry feed, ensuring quality control and cost efficiency. Its product range is categorized into ordinary eggs and premium eggs, with the latter being enriched with nutrients like Vitamin E, Omega DHA, and selenium. The eggs are sold both unbranded and under the Group's house-brand 'QPlus', and are also packaged under customers' brands upon request. The Group's operations are based in Bidor, Perak, at its Bidor Integrated Farm. The company serves a multi-channel distribution network that includes wholesalers, retailers (such as supermarkets and grocery stores), and food manufacturers primarily within Malaysia. Additionally, the Group exports a portion of its premium eggs to an overseas customer in Hong Kong.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Establishment of new poultry farm at the Teluk Intan Lands 53,450 89.1
Listing expenses Estimated listing expenses 6,550 10.9
Total 60,000 100
Market: MAIN
Principal Adviser: M & A Securities Sdn Bhd
Shariah Status: SC (Yes)
Listing Price: 0.60
PE Ratio: 7.1
    PE (FYE): 7.1
    PE (FPE Annualised): -
    PE (Hybrid): -
MITI allocation?: Yes
Closing Date: 30-Jan-2026
Balloting Date: 05-Feb-2026
Listing Date: 13-Feb-2026
Average Analysts FV*:
iSaham IPO Score***:
Market Cap: 300.00 M
Number of Shares: 500.00 M
IPO Allocations No. of Shares %
Malaysian Public 25.00 M 5.0%
Bumiputera shareholders approved by MITI 62.50 M 12.5%
Eligible Directors and employees 12.5 M 2.5%
Private placement to selected investors and others 50.0 M 10.0%
Total Allocations 150.00 M 30.0%

Offer for Sales of 50.00 M existing shares representing 10.0% enlarged shares.

Public Issue of 100.00 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Median Peers PE:

MITI IPO

Companies that have opened for MITI applications


Empire Premium Food Berhad Empire Premium Food Berhad

Empire Premium Food Berhad, through its subsidiary Empire Sushi, is an owner-operator of a chain of sushi food service outlets in Malaysia. The company targets the mass market with accessible and convenient localised Japanese food, primarily focusing on ready-to-eat sushi. As of the Latest Practicable Date (LPD), the Group operates 132 outlets across 12 states and 2 federal territories in Malaysia, comprising 117 grab-and-go outlets and 15 quick dine-in outlets. The business history traces back to 2010, starting with grab-and-go sushi operations on a consignment basis in hypermarkets and has since expanded its footprint and operational formats across Peninsular and East Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of outlets (grab-and-go and quick dine-in formats) in various states within Malaysia 0 60.5
Expansion Upgrading and refurbishment of existing outlets 0 9.6
Working capital Working capital 0 23.9
Listing expenses Defray fees and expenses for our IPO and Listing 0 6
Total 0 100
Market: Main
Principal Adviser: Maybank Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: Yes
MITI allocation?: Yes
MITI Application Open Date: 20-Jan-2026
MITI Application Close Date: 27-Jan-2026
Number of Shares: 1,100.00 M
IPO Allocations No. of Shares %
Malaysian Public 55.00 M 5.0%
Bumiputera shareholders approved by MITI 137.50 M 12.5%
Eligible Directors and employees 15.0 M 1.36%
Private placement to selected investors and others 155.5 M 14.14%
Total Allocations 363.00 M 33.0%

Offer for Sales of 145.00 M existing shares representing 13.18% enlarged shares.

Public Issue of 218.00 M new shares representing 19.82% enlarged shares.

Median Peers PE:
Golden Destinations Group Berhad Golden Destinations Group Berhad

Golden Destinations Group Berhad, through its principal subsidiary ICE Holidays, operates as a full-service outbound travel experience curator in Malaysia. The company offers a comprehensive suite of outbound travel products and services under its flagship brand, Golden Destinations (GD). It functions primarily within the B2B segment, serving a wide network of licensed travel agents who act as its main distribution channel. The Group's offerings include a variety of curated travel experience packages such as series travel, cruise travel, and other specialized tours (FIT, MICE, Domestic), alongside standalone travel support services like flight ticketing, hotel reservations, and visa applications. Incorporated in Malaysia, the company has established a strong brand presence and extensive industry knowledge over approximately 30 years of operation.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Set-up of a new centralised headquarters 0 0
Expansion Branding, marketing and promotional activities 0 0
Expansion Business expansion to Sarawak and Singapore 0 0
Expansion Capital expenditure on IT system and infrastructure 0 0
Expansion Expansion of our workforce 0 0
Working capital Working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: UOB Kay Hian (M) Sdn Bhd (formerly known as UOB Kay Hian Securities (M) Sdn Bhd)
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
Price: 0.45
Est. PE Ratio: 14.24
    PE (FYE): 14.24
    PE (FPE Annualised): -
    PE (Hybrid): -
MITI allocation?: Yes
MITI Application Open Date: 19-Jan-2026
MITI Application Close Date: 26-Jan-2026
Market Cap: 450.00 M
Number of Shares: 1,000.00 M
IPO Allocations No. of Shares %
Malaysian Public 50.00 M 5.0%
Bumiputera shareholders approved by MITI 125.00 M 12.5%
Eligible Directors and employees 35.0 M 3.5%
Private placement to selected investors and others 90.0 M 9.0%
Total Allocations 300.00 M 30.0%

Offer for Sales of 100.00 M existing shares representing 10.0% enlarged shares.

Public Issue of 200.00 M new shares representing 20.0% enlarged shares.

Median Peers PE:
AMS Advanced Material Berhad AMS Advanced Material Berhad

AMS Advanced Material Berhad is principally involved in the trading of semi-finished aluminium and copper products, as well as the processing of semi-finished aluminium products. Operating through its subsidiaries in Malaysia and Singapore, the Group supplies a wide range of products including aluminium plates, sheets, coils, extrusion profiles, and copper tube coils. These materials are essential raw materials for various industries such as aerospace, automotive and transportation, construction and building materials, consumer and home furnishing, and the semiconductor and engineering support sectors. The company's operations include value-added processing services like cutting and shearing to meet specific customer requirements.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Setting up of a new LMW plant cum warehouse and office in Penang 0 0
Expansion Expansion into manufacturing of aluminium architectural products 0 0
Expansion Setting up of new distribution point in Kuantan, Pahang 0 0
Working capital Working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
Price: 0.29
Est. PE Ratio: 17.0-29.3
    PE (FYE): 29.29
    PE (FPE Annualised): 17.01
    PE (Hybrid): 17.64
MITI allocation?: Yes
MITI Application Open Date: 19-Jan-2026
MITI Application Close Date: 24-Jan-2026
Market Cap: 177.48 M
Number of Shares: 612.01 M
IPO Allocations No. of Shares %
Malaysian Public 30.60 M 5.0%
Bumiputera shareholders approved by MITI 76.50 M 12.5%
Eligible Directors and employees 2.155 M 0.35%
Private placement to selected investors and others 50.741 M 8.29%
Total Allocations 160.00 M 26.14%

Offer for Sales of 47.00 M existing shares representing 7.68% enlarged shares.

Public Issue of 113.00 M new shares representing 18.46% enlarged shares.

Median Sectors PE:
Median Peers PE:
MTT Shipping and Logistics Berhad MTT Shipping and Logistics Berhad

MTTSL is an investment holding company while its subsidiaries are principally involved in the provision of container liner shipping services, vessel chartering services, and container storage and container related services.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Acquisition of container vessels 0 0
Listing expenses Defray fees and expenses relating to our Listing 0 0
Total 0 100
Market: MAIN
Principal Adviser: Maybank Investment Bank Berhad
Issuing House: AscendServ
Shariah Status: SC (Yes)
MITI allocation?: Yes
MITI Application Open Date: 14-Jan-2026
MITI Application Close Date: 23-Jan-2026
iSaham IPO Score***:
Number of Shares: 2,500.00 M
IPO Allocations No. of Shares %
Malaysian Public 12.50 M 0.5%
Bumiputera shareholders approved by MITI 312.50 M 12.5%
Eligible Directors and employees 50.0 M 2.0%
Private placement to selected investors and others 258.5 M 10.34%
Total Allocations 633.50 M 25.34%

Offer for Sales of 571.00 M existing shares representing 22.84% enlarged shares.

Public Issue of 62.50 M new shares representing 2.5% enlarged shares.

Median Peers PE:
Sunway Healthcare Holdings Berhad Sunway Healthcare Holdings Berhad

Sunway Healthcare Holdings Berhad operates as one of the largest private hospital groups in Malaysia, providing a comprehensive range of healthcare services covering the full lifecycle of care. Its flagship facility, Sunway Medical Centre Sunway City Kuala Lumpur, is a quaternary hospital and the largest private hospital in the country. The Group's network also includes four tertiary hospitals in key urban areas. Beyond hospital operations, the company runs ancillary healthcare businesses, including ambulatory care centres like Sunway Specialist Centre and Sunway Fertility Centre, as well as supportive and complementary care services such as Sunway TCM Centres, Sunway Home Healthcare, and the Sunway Sanctuary integrated senior living facility. The Group is focused on expanding its footprint and bed capacity through both brownfield expansions of existing hospitals and greenfield development of new facilities in underserved regions across Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Capital expenditure for expansion of existing hospitals and construction of a new hospital 0 0
Listing expenses Defray fees and expenses in relation to our IPO and Listing 0 0
Total 0 100
Market: Main
Principal Adviser: Maybank Investment Bank Berhad and AmInvestment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
MITI Application Open Date: 10-Dec-2025
MITI Application Close Date: 21-Dec-2025
Number of Shares: 11,500.17 M
IPO Allocations No. of Shares %
Malaysian Public 230.00 M 2.0%
Bumiputera shareholders approved by MITI 747.51 M 6.5%
Eligible Directors and employees 115.0 M 1.0%
Private placement to selected investors and others 881.09 M 7.66%
Total Allocations 1,973.60 M 17.16%

Offer for Sales of 1,398.60 M existing shares representing 12.16% enlarged shares.

Public Issue of 575.01 M new shares representing 5.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Adnex Group Berhad Adnex Group Berhad

ADNEX GROUP BERHAD is a Malaysian investment holding company. Through its subsidiaries, primarily Adnex Interior Solution Sdn Bhd (AISSB), Adnex Malaysia Sdn Bhd, and Adnex International Sdn Bhd, the Group is principally engaged in the provision of interior fit-out services. It specializes in both interior fit-out works and turnkey fit-out services for commercial and industrial properties, mainly for corporate offices, F&B outlets, and sales galleries. While its main operations are in Malaysia, it has also served overseas markets.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Business Expansion 0 0
Working capital Working capital 0 0
Others Performance bonds for interior fit-out projects 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: Public Investment Bank Berhad
Issuing House: AscendServ
Shariah Status: SC (Yes)
Price: 0.20
Est. PE Ratio: 15.63
    PE (FYE): 15.63
    PE (FPE Annualised): -
    PE (Hybrid): -
MITI allocation?: Yes
MITI Application Open Date: 15-Dec-2025
MITI Application Close Date: 19-Dec-2025
Market Cap: 100.00 M
Number of Shares: 500.00 M
IPO Allocations No. of Shares %
Malaysian Public 25.00 M 5.0%
Bumiputera shareholders approved by MITI 62.50 M 12.5%
Eligible Directors and employees 15.0 M 3.0%
Private placement to selected investors and others 27.5 M 5.5%
Total Allocations 130.00 M 26.0%

Offer for Sales of 39.50 M existing shares representing 7.9% enlarged shares.

Public Issue of 90.50 M new shares representing 18.1% enlarged shares.

Median Sectors PE:
Median Peers PE:
OGX Group Berhad OGX Group Berhad

OGX Group Berhad is an IT infrastructure solutions specialist operating with a brand-centric model. The Group is principally involved in providing comprehensive IT infrastructure solutions focusing on network solutions, cybersecurity solutions, and enterprise data centre solutions. Its offerings also include the distribution of a wide portfolio of IT infrastructure products from 17 established brand principals, for whom it acts as an authorised distributor, as well as providing product warranties and support services. The company serves a broad network of customers, primarily system integrators, delivering end-to-end solutions tailored to the needs of end-users in both public and private sectors across Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Acquisition of our Group’s new facility 0 0
Expansion Expansion of our Group’s portfolio of IT infrastructure brands 0 0
Expansion Geographical business expansion 0 0
Working capital Working capital 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: ACE
Principal Adviser: UOB Kay Hian (M) Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
Price: 0.35
Est. PE Ratio: 15.2-32.1
    PE (FYE): 32.11
    PE (FPE Annualised): 15.18
    PE (Hybrid): 18.27
MITI allocation?: Yes
MITI Application Open Date: 11-Dec-2025
MITI Application Close Date: 18-Dec-2025
Market Cap: 262.50 M
Number of Shares: 750.00 M
IPO Allocations No. of Shares %
Malaysian Public 37.50 M 5.0%
Bumiputera shareholders approved by MITI 93.75 M 12.5%
Eligible Directors and employees 18.75 M 2.5%
Private placement to selected investors and others 75.0 M 10.0%
Total Allocations 225.00 M 30.0%

Offer for Sales of 75.00 M existing shares representing 10.0% enlarged shares.

Public Issue of 150.00 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Teamstar Berhad Teamstar Berhad

Teamstar Berhad is an investment holding company. Through its subsidiaries, the Group is principally involved in the home improvement industry in Malaysia. Its business activities include the retail sale of furniture fittings, general hardware, kitchen and home appliances; trading of furniture fittings; and the provision of value-added services such as slitting of edge banding jumbo rolls, and the mixing and sale of coatings and solvents. The Group operates 28 retail outlets across Peninsular Malaysia and has an operating history of approximately 29 years.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Set-up new retail outlets and warehouses 0 0
Working capital Working capital requirements 0 0
Listing expenses Defray fees and expenses relating to our Listing 0 0
Total 0 100
Market: ACE
Principal Adviser: TA Securities Holdings Bhd
Issuing House: AscendServ
Shariah Status: SC (Yes)
Price: 0.26
Est. PE Ratio: 12.32
    PE (FYE): 12.32
    PE (FPE Annualised): -
    PE (Hybrid): -
MITI allocation?: Yes
MITI Application Open Date: 10-Nov-2025
MITI Application Close Date: 16-Nov-2025
Market Cap: 208.00 M
Number of Shares: 800.00 M
IPO Allocations No. of Shares %
Malaysian Public 40.00 M 5.0%
Bumiputera shareholders approved by MITI 100.00 M 12.5%
Eligible Directors and employees 16.0 M 2.0%
Private placement to selected investors and others 48.0 M 6.0%
Total Allocations 204.00 M 25.5%

Offer for Sales of 72.00 M existing shares representing 9.0% enlarged shares.

Public Issue of 132.00 M new shares representing 16.5% enlarged shares.

Median Sectors PE:
Median Peers PE:
SPB Development Berhad SPB Development Berhad

SPB Development Berhad, established in 2022 and headquartered in Malaysia, specializes in comprehensive property development and construction management. The company’s core activities include residential, commercial, and mixed-use property development, supported by end-to-end project planning, design, and execution services. SPB Development integrates strategic landbanking with sustainable building practices to deliver high-quality developments tailored to market demands. By prioritizing innovation and operational efficiency, the company contributes to Malaysia’s urban development and infrastructure enhancement, creating value for communities and stakeholders alike.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Acquisition of landbank and/or development expenditure 0 0
Expansion Purchase of aluminium formwork 0 0
Working capital Working capital for future development projects 0 0
Listing expenses Estimated listing expenses 0 0
Total 0 100
Market: MAIN
Principal Adviser: Hong Leong Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
MITI Application Open Date: 14-Feb-2025
MITI Application Close Date: 18-Feb-2025
Number of Shares: 928.00 M
IPO Allocations No. of Shares %
Malaysian Public 18.56 M 2.0%
Bumiputera shareholders approved by MITI 116.00 M 12.5%
Eligible Directors and employees 28.4401 M 3.06%
Private placement to selected investors and others 115.3999 M 12.44%
Total Allocations 278.40 M 30.0%

Offer for Sales of 87.30 M existing shares representing 9.41% enlarged shares.

Public Issue of 191.10 M new shares representing 20.59% enlarged shares.

Median Sectors PE:
Median Peers PE:

Future IPO


TUC Holdings Berhad TUC Holdings Berhad

TUC is an investment holding company. Through its subsidiaries, TUC is principally involved in the supply of smart meters, manufacturing and integration of electrical systems, distribution of electrical products and other related activities such as supply of fibre-reinforced polymer cross-arms for power transmission power, provision of consultation services mainly concerning communications protocol for smart meters in Malaysia, and supply and installation of communication devices.

Market: ACE
Principal Adviser: Kenanga Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 609.00 M
IPO Allocations No. of Shares %
Malaysian Public 30.45 M 5.0%
Eligible Directors and employees 5.2 M 0.85%
Private placement to selected investors and others 120.506 M 19.79%
Total Allocations 156.16 M 25.64%
Median Sectors PE:
Median Peers PE:
Paragrene Land Berhad Paragrene Land Berhad

Paragrene Land is an investment holding company while its subsidiaries are principally involved in property development, where it develops and sells residential and mixed-use properties.

Market: MAIN
Principal Adviser: MIDF Amanah Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 1,180.00 M
IPO Allocations No. of Shares %
Malaysian Public 26.00 M 2.2%
Bumiputera shareholders approved by MITI 147.50 M 12.5%
Private placement to selected investors and others 42.554 M 3.61%
Total Allocations 216.05 M 18.31%
Median Sectors PE:
Median Peers PE:
Readycare Holdings Berhad Readycare Holdings Berhad

Readycare Holdings is an investment holding company. Its subsidiaries are principally involved in developing, manufacturing and supplying of household care products as well as private labels for retail customers.

Market: ACE
Principal Adviser: MIDF Amanah Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 202.00 M
IPO Allocations No. of Shares %
Malaysian Public 11.00 M 5.45%
Bumiputera shareholders approved by MITI 25.25 M 12.5%
Eligible Directors and employees 4.59 M 2.27%
Private placement to selected investors and others 17.75 M 8.79%
Total Allocations 58.59 M 29.0%
Median Sectors PE:
Wastech Resources Berhad Wastech Resources Berhad

Wastech Group is principally involved in the manufacturing of specialty fertilisers and design, supply and installation of agriculture and landscape irrigation systems.

Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 480.00 M
IPO Allocations No. of Shares %
Malaysian Public 24.00 M 5.0%
Bumiputera shareholders approved by MITI 60.00 M 12.5%
Eligible Directors and employees 24.0 M 5.0%
Private placement to selected investors and others 36.0 M 7.5%
Total Allocations 144.00 M 30.0%
Median Sectors PE:
ETA World Group Berhad ETA World Group Berhad

ETA World is principally involved in industrial property builders providing turnkey solutions specialising in the design and building of industrial buildings and trading of building materials.

Market: ACE
Principal Adviser: Inter-Pacific Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 429.92 M
IPO Allocations No. of Shares %
Malaysian Public 21.50 M 5.0%
Bumiputera shareholders approved by MITI 53.74 M 12.5%
Eligible Directors and employees 1.8 M 0.42%
Private placement to selected investors and others 34.862 M 8.11%
Total Allocations 111.90 M 26.03%
Median Sectors PE:
Median Peers PE:
Hikmat Duta Holdings Berhad Hikmat Duta Holdings Berhad

HDHB Group is principally involved in the provision of water supply and sewerage engineering works and other civil engineering works.

Market: ACE
Principal Adviser: M&A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: Yes
MITI allocation?: No
Number of Shares: 336.94 M
IPO Allocations No. of Shares %
Malaysian Public 16.85 M 5.0%
Eligible Directors and employees 10.109 M 3.0%
Private placement to selected investors and others 74.127 M 22.0%
Total Allocations 101.08 M 30.0%
Median Sectors PE:
Median Peers PE:
TTL Holdings Berhad TTL Holdings Berhad

TTL and its subsidiaries are principally a machinery and equipment rental services provider with a focus on light machinery and equipment.

Market: ACE
Principal Adviser: M&A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: Yes
MITI allocation?: Yes
Number of Shares: 1,001.57 M
IPO Allocations No. of Shares %
Malaysian Public 50.08 M 5.0%
Bumiputera shareholders approved by MITI 125.20 M 12.5%
Eligible Directors and employees 20.032 M 2.0%
Private placement to selected investors and others 155.243 M 15.5%
Total Allocations 350.55 M 35.0%
Median Sectors PE:
Leader Energy Holding Berhad Leader Energy Holding Berhad

Leader Energy together with its subsidiaries and jointly controlled entities, is an independent power producer primarily engaged in the development, ownership, operation and maintenance of power assets and projects.

Market: MAIN
Principal Adviser: Affin Hwang Investment Bank Berhad RHB Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 3,550.00 M
IPO Allocations No. of Shares %
Malaysian Public 71.00 M 2.0%
Eligible Directors and employees 5.5 M 0.15%
Private placement to selected investors and others 250.0 M 7.04%
Total Allocations 326.50 M 9.2%

Offer for Sales of 250.00 M existing shares representing 7.04% enlarged shares.

Public Issue of 750.00 M new shares representing 21.13% enlarged shares.

Median Sectors PE:
Median Peers PE:
CMGI Berhad CMGI Berhad

CMGI Berhad, incorporated in 2023 and headquartered in Malaysia, is a leading provider of integrated ICT managed services, specializing in hardware, software, and communications solutions for diverse industries. Through its subsidiaries, CMGI offers a comprehensive range of services, including the development, operation, and maintenance of enterprise resource planning (ERP) systems, healthcare information systems (HIS), and F&B service management platforms. The company also provides Device-as-a-Service (DaaS) solutions, ensuring seamless hardware integration and support for its clients. With a strong focus on innovation, technical expertise, and customer satisfaction, CMGI Berhad is committed to enhancing operational efficiency and delivering transformative digital solutions tailored to the needs of its clients across Malaysia’s rapidly evolving technology landscape.

Market: ACE
Principal Adviser: MIDF Amanah Investment Bank Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: Yes
MITI allocation?: Yes
Number of Shares: 671.00 M
IPO Allocations No. of Shares %
Malaysian Public 33.55 M 5.0%
Bumiputera shareholders approved by MITI 83.88 M 12.5%
Eligible Directors and employees 11.3004 M 1.68%
Private placement to selected investors and others 48.3746 M 7.21%
Total Allocations 177.10 M 26.39%

Offer for Sales of 67.10 M existing shares representing 10.0% enlarged shares.

Public Issue of 110.00 M new shares representing 16.39% enlarged shares.

Median Sectors PE:
Median Peers PE:
Eplas Global Berhad Eplas Global Berhad

Eplas Global Berhad, incorporated in 2023 and headquartered in Pulau Pinang, Malaysia, is a leading marketer and distributor of houseware products, offering an extensive range of solutions under its proprietary brands, including ‘eplas,’ ‘HOME PERFECT,’ and ‘ecoliving.’ The company specializes in water bottles, kitchenware, bakeware, cleaning tools, baby products, and gardening essentials, catering to diverse consumer needs. Eplas combines business-to-business (B2B) partnerships with retail chains and direct-to-consumer (B2C) channels via its online store and platforms like Shopee, Lazada, and TikTok to ensure broad market reach. With a focus on quality, innovation, and sustainability, Eplas is dedicated to enhancing customer satisfaction and driving growth, positioning itself as a trusted leader in Malaysia’s houseware industry.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Capital expenditure for setting up of manufacturing operations N/A 0
Working capital Working capital for the manufacturing operations N/A 0
Working capital Working capital for current operations N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 450.00 M
IPO Allocations No. of Shares %
Malaysian Public 22.50 M 5.0%
Bumiputera shareholders approved by MITI 56.25 M 12.5%
Eligible Directors and employees 4.5 M 1.0%
Private placement to selected investors and others 42.75 M 9.5%
Total Allocations 126.00 M 28.0%

Offer for Sales of 36.00 M existing shares representing 8.0% enlarged shares.

Public Issue of 90.00 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Loob Berhad Loob Berhad

Loob Berhad is an investment holding company. Its subsidiaries are principally involved in the operation and management of F&B retail outlets (Tealive and Bask Bear brands), trading and supply of raw materials to F&B stores, wholesale of F&B, importing, marketing and selling of soda machines (SodaXpress brand), provision of management services, and outsourcing services for finance, accounting, HR, training, procurement, and marketing. The Company was incorporated in Malaysia. Key international operations include franchise stores in the Philippines, Myanmar, Brunei, Mauritius, Vietnam, Cambodia, and Canada.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Capital expenditures for new Tealive corporate stores and Bask Bear corporate stores in Malaysia 10,000 28.51
Listing expenses Defray fees and expenses relating to the Proposed IPO and Proposed Listing 9,000 25.66
Total 35,076 100
Market: Main
Principal Adviser: Maybank Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: SC (No)
MITI allocation?: Yes
Number of Shares: 1,169.19 M
IPO Allocations No. of Shares %
Malaysian Public 134.46 M 11.5%
Bumiputera shareholders approved by MITI 146.15 M 12.5%
Eligible Directors and employees 11.692 M 1.0%
Private placement to selected investors and others 58.4595 M 5.0%
Total Allocations 350.76 M 30.0%

Offer for Sales of 292.30 M existing shares representing 25.0% enlarged shares.

Public Issue of 58.46 M new shares representing 5.0% enlarged shares.

Median Sectors PE:
MMC Port Holdings Berhad MMC Port Holdings Berhad

MMC Port Holdings Berhad is an investment holding company incorporated in Malaysia. Through its subsidiaries, the Group is principally involved in port operations in Malaysia. It is described as Malaysia's largest container port operator. The Group operates five sea ports: Port of Tanjung Pelepas (PTP), Johor Port, Northport, Penang Port, and Tanjung Bruas Port. It also operates three cruise terminals and conducts Ship-to-Ship (STS) services at an offshore port. The Group's operations are strategically located along the Strait of Malacca, handling a diverse range of container and conventional cargo.

Market: Main
Principal Adviser: CIMB Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: SC (Yes)
MITI allocation?: No
Number of Shares: 14,240.00 M
IPO Allocations No. of Shares %
Malaysian Public 284.80 M 2.0%
Eligible Directors and employees 1.3 M 0.01%
Private placement to selected investors and others 3985.9 M 27.99%
Total Allocations 4,272.00 M 30.0%

Offer for Sales of 4,272.00 M existing shares representing 30.0% enlarged shares.

Median Peers PE:
Gold Li Holdings Berhad Gold Li Holdings Berhad

Gold Li Holdings Berhad, through its subsidiaries, is a property developer specializing in the development of landed residential properties, primarily comprising terrace, semi-detached, and detached houses. The company's operations are concentrated in the districts of Muar, Tangkak, and Batu Pahat in Johor. In addition to property development, the Group undertakes in-house construction activities, acting as the main contractor for its projects. These activities include construction planning, management, procurement of materials, and main building works. The Group also engages subcontractors for specialized tasks like site preparation, piling, and infrastructure works. Subject to feasibility, the company may also develop commercial properties such as shop houses within its residential projects or as standalone projects. The company was incorporated in Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Working capital Working capital for property development N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: AscendServ
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 600.00 M
IPO Allocations No. of Shares %
Malaysian Public 30.00 M 5.0%
Bumiputera shareholders approved by MITI 75.00 M 12.5%
Eligible Directors and employees 6.0 M 1.0%
Private placement to selected investors and others 42.0 M 7.0%
Total Allocations 153.00 M 25.5%

Offer for Sales of 36.00 M existing shares representing 6.0% enlarged shares.

Public Issue of 117.00 M new shares representing 19.5% enlarged shares.

Median Sectors PE:
Median Peers PE:
Inspace Creation Berhad Inspace Creation Berhad

Inspace Creation Berhad, through its subsidiaries, is principally involved in the provision of interior fitting-out services in Malaysia. The Group's services encompass a comprehensive range of activities including project planning and management, design conceptualisation, and build, as well as servicing and maintenance works. Its operations are supported by an in-house team and third-party contractors. The Group's subsidiaries include IDPM, IDPM Associates, IDPM Builder, IDPM Engineering, ACF Engineering, and Image Articulation. These entities specialize in various aspects of the business, such as interior fitting-out, building construction, electrical and mechanical engineering services, and investment holding. The company primarily serves clients in the private sector, including landlords and tenants of corporate offices, and acts as either the main contractor or subcontractor depending on project requirements. All its subsidiaries are incorporated in Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Capital expenditure N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: TA Securities Holdings Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: SC (Yes)
MITI allocation?: No
Number of Shares: 369.30 M
IPO Allocations No. of Shares %
Malaysian Public 18.47 M 5.0%
Eligible Directors and employees 8.5 M 2.3%
Private placement to selected investors and others 70.834 M 19.18%
Total Allocations 97.80 M 26.48%

Offer for Sales of 29.30 M existing shares representing 7.93% enlarged shares.

Public Issue of 68.50 M new shares representing 18.55% enlarged shares.

Median Sectors PE:
Median Peers PE:
5E Resources Holdings Berhad 5E Resources Holdings Berhad

5E Resources Holdings Berhad, through its subsidiaries, is principally involved in the provision of scheduled waste management services, the supply of recovered and recycled products, and the trading of chemicals and other products in Malaysia. The Group's core operations include the testing, collection, recovery, and recycling of various categories of scheduled waste such as metal-bearing wastes, and those with inorganic or organic constituents. Key technologies employed are thermal oxidation, carbonisation, e-waste recovery, and solvent recycling. Recovered materials like precious metals, coolants, and acids are sold to customers or used in-house. The company also trades chemicals like acids, ammonia, and industrial alcohol. Operations are primarily conducted from its facilities in Pasir Gudang, Johor, with strategic plans to expand into Perak by establishing new waste management facilities to enhance its market presence and operational capabilities.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Part finance the construction of the New Perak Facility N/A 0
Expansion Part finance the purchase of machinery and equipment for the New Perak Facility N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: TA Securities Holdings Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 1,540.00 M
IPO Allocations No. of Shares %
Malaysian Public 77.00 M 5.0%
Bumiputera shareholders approved by MITI 192.50 M 12.5%
Eligible Directors and employees 35.0 M 2.27%
Private placement to selected investors and others 154.0 M 10.0%
Total Allocations 458.50 M 29.77%

Offer for Sales of 154.00 M existing shares representing 10.0% enlarged shares.

Public Issue of 304.50 M new shares representing 19.77% enlarged shares.

Median Sectors PE:
Median Peers PE:
RNG Tech Berhad RNG Tech Berhad

RNG Tech Berhad, through its subsidiaries, is the largest vending massage chair operator in Malaysia by revenue. The Group offers on-the-go massage services in high-traffic locations such as shopping malls, airports, and highway rest stops. Its principal activities include the provision of vending massage services, vending massage chair rental plans, and the licensing of its vending massage services business. The company operates under the "Rest N Go" brand and has a significant presence in Malaysia, Singapore, Thailand, Cambodia, and Brunei Darussalam. Additionally, it has a licensing presence in Vietnam and the Philippines. The Group utilizes a proprietary digital system, including a Meter Reading System (MRS) and the RNG App, to manage its network of over 4,000 vending massage chairs, enabling remote monitoring, digital payments, and enhanced customer engagement.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Set-up of new RNG stations and RNG premium outlets N/A 0
Expansion Upgrade and refurbish existing RNG stations and RNG premium outlets N/A 0
Working capital General working capital N/A 0
Others Marketing expenses N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 788.00 M
IPO Allocations No. of Shares %
Malaysian Public 39.40 M 5.0%
Bumiputera shareholders approved by MITI 98.50 M 12.5%
Eligible Directors and employees 11.82 M 1.5%
Private placement to selected investors and others 55.16 M 7.0%
Total Allocations 204.88 M 26.0%

Offer for Sales of 78.80 M existing shares representing 10.0% enlarged shares.

Public Issue of 126.08 M new shares representing 16.0% enlarged shares.

Median Sectors PE:
EI Power Berhad EI Power Berhad

EI Power Berhad is a power engineering firm primarily engaged in the Engineering, Procurement, Construction, and Commissioning (EPCC) of power solutions through its subsidiaries. The Group's operations are divided into three main segments: mission-critical power solutions, conventional power solutions, and renewable energy power solutions. For mission-critical facilities like data centres, it designs and builds complex, redundant diesel generation and fuel distribution systems to ensure uninterrupted power. For commercial, industrial, and residential buildings, it provides conventional backup diesel power systems. The Group is also involved in the EPCC of renewable energy solutions, focusing on rooftop and utility-scale solar PV systems. Its services cover the entire project lifecycle, from design and project management to supply, installation, testing, and maintenance. The company operates mainly in Malaysia and has recently incorporated subsidiaries in Thailand and for new energy efficiency ventures.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Acquisition and setup of new headquarters cum warehouse N/A 0
Expansion Capital expenditure for the installation of building energy efficiency systems N/A 0
Expansion Establishment of an office in Thailand N/A 0
Expansion Establishment of a branch office cum warehouse in Johor N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 700.00 M
IPO Allocations No. of Shares %
Malaysian Public 35.00 M 5.0%
Bumiputera shareholders approved by MITI 87.50 M 12.5%
Eligible Directors and employees 17.5 M 2.5%
Private placement to selected investors and others 59.5 M 8.5%
Total Allocations 199.50 M 28.5%

Offer for Sales of 70.00 M existing shares representing 10.0% enlarged shares.

Public Issue of 129.50 M new shares representing 18.5% enlarged shares.

Median Sectors PE:
Median Peers PE:
Custom Food Holding Berhad Custom Food Holding Berhad

Custom Food Holding Berhad, through its subsidiaries, is primarily a manufacturer of specialty food ingredients and food products. The Group focuses on non-dairy creamers, functional lipid powders, as well as malt and cereal products. It is also involved in supplying other food ingredients and products sourced from third-party suppliers. The company operates principally in Malaysia with manufacturing facilities located in Kulim, Kedah, and Perai, Penang. It also maintains sales offices in Selangor, Malaysia, and Wageningen, the Netherlands, to serve its customer base. The Group's main subsidiaries are Custom Food Ingredients Sdn Bhd, incorporated in Malaysia, which handles manufacturing and supply activities, and Custom Food Ingredients B.V., incorporated in the Netherlands, which focuses on the supply of specialty food products.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Establishment of our New Factory N/A 0
Expansion Purchase of new machinery and equipment for expansion N/A 0
Expansion Investment in IT and automation systems N/A 0
Working capital Working capital N/A 0
Listing expenses Defray listing expenses N/A 0
Total 0 100
Market: Main
Principal Adviser: RHB Investment Bank
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 1,020.82 M
IPO Allocations No. of Shares %
Malaysian Public 20.42 M 2.0%
Bumiputera shareholders approved by MITI 127.60 M 12.5%
Eligible Directors and employees 10.208 M 1.0%
Private placement to selected investors and others 141.894 M 13.9%
Total Allocations 300.12 M 29.4%

Offer for Sales of 186.81 M existing shares representing 18.3% enlarged shares.

Public Issue of 113.31 M new shares representing 11.1% enlarged shares.

Median Sectors PE:
Median Peers PE:
Elsa Berhad Elsa Berhad

ELSA BERHAD, through its subsidiaries, is principally involved in the provision of O&G service and equipment solutions. The Group's main business segments include oilfield service solutions (supporting activities throughout the lifecycle of an oilfield), talent solutions (talent sourcing and HR management), digital solutions (IT infrastructure, cybersecurity, digital learning), and robotics and engineering solutions (robotics inspection, surveillance, and equipment supply). Key subsidiaries include Elsa Energy Sdn Bhd, which provides a wide range of oilfield and engineering services; Agensi Pekerjaan Elsa Talent Solutions Sdn Bhd, a private employment agency; and Elsa Digital Sdn Bhd, which focuses on ICT research and development. The Group also has dormant companies like Elsa Robotics, Orca Technology, and EEL (incorporated in Labuan), positioned for future business needs. Additionally, it holds 49% ownership in associates Keiko Asia Sdn Bhd and Orca Borneo Sdn Bhd, which are intended to provide O&G extraction services.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Consultant-related expenses for the oilfield service solutions and digital solutions segments: Existing projects N/A 0
Expansion Consultant-related expenses for the oilfield service solutions and digital solutions segments: Future projects N/A 0
Expansion Business expansion for the robotics and engineering solutions segment: Development of internal capabilities for the management and deployment of AUV N/A 0
Expansion Business expansion for the robotics and engineering solutions segment: Procurement of drones N/A 0
Working capital Working capital N/A 0
Listing expenses Defrayment of expenses in relation to the Listing N/A 0
Total 0 100
Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 538.40 M
IPO Allocations No. of Shares %
Malaysian Public 26.92 M 5.0%
Eligible Directors and employees 10.768 M 2.0%
Private placement to selected investors and others 117.112 M 21.75%
Total Allocations 154.80 M 28.75%

Offer for Sales of 36.40 M existing shares representing 6.76% enlarged shares.

Public Issue of 118.40 M new shares representing 21.99% enlarged shares.

Median Sectors PE:
Median Peers PE:
Manforce Group Berhad Manforce Group Berhad

Manforce Group Berhad is a workforce management service provider in Malaysia. The Group's business is segmented into four main areas: foreign worker management services, manual labour services, hostel management services, and investment holding with other business activities. For foreign worker management, it provides comprehensive human resource, payroll, administration, training, and immigration-related solutions for foreign workers employed by its customers. The manual labour services segment involves providing cleaning, sanitising, manufacturing, and construction-related services on a contractual basis, utilizing both local and foreign workers under the Group's own recruitment quota. Hostel management services are offered to customers to support the welfare of their foreign workers by managing their accommodation. Additionally, the Group provides one-off recruitment services, remittance services, and sells general insurance products, particularly for foreign workers, to complement its main services. The principal market for all its operations is Peninsular Malaysia, serving customers in the manufacturing, services (including F&B, retail, and healthcare), and construction sectors.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Business expansion through new recruitment quotas N/A 0
Expansion Enhancement of IT operational system N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 399.98 M
IPO Allocations No. of Shares %
Malaysian Public 20.00 M 5.0%
Bumiputera shareholders approved by MITI 50.00 M 12.5%
Eligible Directors and employees 10.0 M 2.5%
Private placement to selected investors and others 19.998 M 5.0%
Total Allocations 100.00 M 25.0%

Offer for Sales of 20.00 M existing shares representing 5.0% enlarged shares.

Public Issue of 80.00 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Liftech Group Berhad Liftech Group Berhad

Liftech Group Berhad is an industrial lifting and handling equipment specialist in Malaysia, operating under the 'Liftech' brand. The company's core activities, conducted through its subsidiaries, include the design, manufacturing, installation, and commissioning of customised industrial lifting equipment such as overhead cranes, gantry cranes, jib cranes, and industrial lifts. Additionally, the Group provides comprehensive maintenance, repair, and other related services, as well as trading components, accessories, and other industrial lifting and handling equipment. The company was incorporated in Malaysia and has grown from a single premise in 1992 to operating two manufacturing facilities and six other operational facilities across the country as of the latest practicable date.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Business expansion/establishment of facilities N/A 0
Expansion Purchase of machinery and equipment N/A 0
Working capital Working capital requirements N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 314.94 M
IPO Allocations No. of Shares %
Malaysian Public 15.80 M 5.02%
Bumiputera shareholders approved by MITI 39.37 M 12.5%
Eligible Directors and employees 7.236 M 2.3%
Private placement to selected investors and others 32.629 M 10.36%
Total Allocations 95.03 M 30.17%

Offer for Sales of 15.80 M existing shares representing 5.02% enlarged shares.

Public Issue of 79.23 M new shares representing 25.16% enlarged shares.

Median Sectors PE:
Median Peers PE:
MM Computer Systems Berhad MM Computer Systems Berhad

MM Computer Systems Berhad is an IT solutions provider based in Malaysia. Through its subsidiaries, MTS and SMIND, the Group is principally involved in the design, implementation, and configuration of IT solutions, provision of IT outsourcing services, as well as sales and leasing of IT hardware and software. The company's services cover IT infrastructure and networking solutions, cybersecurity solutions, maintenance services, and technical support. Its customer base comprises Government-Linked Companies (GLCs), enterprises, corporations, and resellers, primarily in Malaysia, with some international clients in Australia, Indonesia, and Taiwan. The Group was established in 2003 and has since expanded its offerings from IT hardware sales to a comprehensive range of IT services, including cloud solutions and knowledge process outsourcing.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Procurement of IT hardware and software N/A 0
Expansion Workforce expansion and capability development N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 567.00 M
IPO Allocations No. of Shares %
Malaysian Public 28.35 M 5.0%
Bumiputera shareholders approved by MITI 47.34 M 8.35%
Eligible Directors and employees 28.35 M 5.0%
Private placement to selected investors and others 62.3 M 10.99%
Total Allocations 166.34 M 29.34%

Offer for Sales of 47.34 M existing shares representing 8.35% enlarged shares.

Public Issue of 119.00 M new shares representing 20.99% enlarged shares.

Median Sectors PE:
Median Peers PE:
Eckem Holdings Berhad Eckem Holdings Berhad

Eckem Holdings Berhad, through its subsidiaries, is principally involved in the distribution, sales, and application formulation of specialty industrial chemical products, as well as the manufacturing and trading of rubber products. The Group's chemical products business sources a diversified portfolio of raw materials and intermediaries like resins, pigments, fillers, and additives from third-party brand principals and suppliers, serving applications in paints, coatings, construction, personal protective equipment (PPE), and household care. The Group also customizes chemical solutions for various industries. Its rubber products business involves manufacturing personal care items such as dental dams and latex sheets, and lifestyle products like exercise bands, for both contract manufacturing and its own brands. The Group's operations are headquartered in Malaysia, with a subsidiary in Singapore to facilitate trading in that market.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Construction of new corporate office, warehouse and laboratory N/A 0
Expansion Expansion of new production line for our rubber products N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 625.00 M
IPO Allocations No. of Shares %
Malaysian Public 15.62 M 2.5%
Bumiputera shareholders approved by MITI 15.62 M 2.5%
Eligible Directors and employees 31.25 M 5.0%
Private placement to selected investors and others 125.0 M 20.0%
Total Allocations 187.50 M 30.0%

Offer for Sales of 62.50 M existing shares representing 10.0% enlarged shares.

Public Issue of 125.00 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
SRKK AI Berhad SRKK AI Berhad

SRKK AI Berhad, through its subsidiaries, is a digital transformation solution provider based in Malaysia and Singapore. The Group's principal activities involve providing a comprehensive range of IT solutions aimed at digitalizing and modernizing operational processes for corporations, government-linked corporations, and other service providers. Its services are segmented into IT consultation and project implementation (including cybersecurity, business workflow automation, and networking), cloud services, IT managed services, data analytics and business intelligence solutions, and the sale and rental of IT hardware and software. The company is a direct bill partner under the Microsoft Cloud Solution Provider program and holds all 6 Microsoft Solution Partner designations. The Group operates primarily in Malaysia, which accounts for the majority of its revenue, with a significant presence in Singapore. It plans to expand its geographical footprint into Indonesia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Strategic growth initiatives in AI N/A 0
Expansion Geographical expansion by setting-up an IT advisory and consulting office in Jakarta, Indonesia N/A 0
Expansion Building a SOC N/A 0
Others Branding, marketing and promotional activities N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: TA Securities Holdings Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 284.00 M
IPO Allocations No. of Shares %
Malaysian Public 14.20 M 5.0%
Eligible Directors and employees 17.04 M 6.0%
Private placement to selected investors and others 45.76 M 16.11%
Total Allocations 77.00 M 27.11%

Offer for Sales of 13.00 M existing shares representing 4.58% enlarged shares.

Public Issue of 64.00 M new shares representing 22.54% enlarged shares.

Median Sectors PE:
Median Peers PE:
Wintech Metal Berhad Wintech Metal Berhad

Wintech Metal Berhad, through its subsidiaries, is principally a manufacturer of metal parts and furniture, as well as portable work pods. The Group's product portfolio includes metal parts (such as equipment mounting brackets and locker parts), metal furniture (comprising storage cabinets, lockers, cabinets, and compactus), and portable work pods under its “Winpod” brand. The company serves both domestic and international markets, with key export regions including America, the Caribbean, and Asia Pacific. Its manufacturing operations are based in Banting, Selangor, where it utilizes a range of metalworking processes including cutting, punching, bending, welding, and surface finishing. The company was incorporated in Malaysia and has expanded its product range and market reach since its origins in 2001.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Purchase of machines and equipment N/A 0
Expansion Marketing expenses N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: Public Investment Bank Berhad
Issuing House: AscendServ
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 650.00 M
IPO Allocations No. of Shares %
Malaysian Public 32.50 M 5.0%
Bumiputera shareholders approved by MITI 82.25 M 12.65%
Eligible Directors and employees 14.0 M 2.15%
Private placement to selected investors and others 51.0 M 7.85%
Total Allocations 179.75 M 27.65%

Offer for Sales of 46.26 M existing shares representing 7.12% enlarged shares.

Public Issue of 132.49 M new shares representing 20.38% enlarged shares.

Enest Group Berhad Enest Group Berhad

ENEST GROUP BERHAD is primarily involved in the bird's nest industry through its subsidiaries. The Group's core activities include the processing and sale of Raw Cleaned Edible Bird's Nest (RCEBN), trading of both RCEBN and Raw Uncleaned Bird's Nest (RUBN), and the sale of processed bird's nest products like bottled beverages. Key subsidiaries include Ming Feng and Dynamic Transforms, both incorporated in Malaysia and engaged in RCEBN processing and sales. Ye Lin, a subsidiary in China, handles the importation of RCEBN into the Chinese market. The Group also operates a health and personal care retail store in Malaysia under the trade name 'Kang Li' through its subsidiary Kang Li. Additionally, its subsidiary Enest Marketing trades RUBN and processed bird's nest products. The Group also holds investment properties via Enest Properties. It has an associated company, Dynamic Bird Nest, intended for exporting RUBN to China.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: SC (Yes)
MITI allocation?: Yes
Number of Shares: 581.25 M
IPO Allocations No. of Shares %
Malaysian Public 29.06 M 5.0%
Bumiputera shareholders approved by MITI 72.66 M 12.5%
Eligible Directors and employees 8.719 M 1.5%
Private placement to selected investors and others 20.866 M 3.59%
Total Allocations 131.30 M 22.59%

Offer for Sales of 15.05 M existing shares representing 2.59% enlarged shares.

Public Issue of 116.25 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
HSS Holdings Berhad HSS Holdings Berhad

HSS Holdings Berhad, through its subsidiaries, is principally involved in the sourcing, trading, and manufacturing of bakery products. The Group's operations are divided into three main segments: Sourcing, where it procures bakery products like biscuits, cookies, and cakes from third-party manufacturers for its customers under their brands or its own; Trading, where it deals in bakery and other products such as instant noodles and drinks under third-party brands; and Manufacturing, where it produces its own biscuits, cookies, and cakes. The company serves a wide range of customers including wholesalers, distributors, and retailers across Malaysia, Singapore, Australia, Indonesia, Cambodia, and Korea. Its product portfolio includes daily consumption items as well as seasonal products for festive occasions.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Capital expenditure for Manufacturing Facility 1 N/A 0
Expansion Capital expenditure for Manufacturing Facility 2 N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 500.00 M
IPO Allocations No. of Shares %
Malaysian Public 25.00 M 5.0%
Bumiputera shareholders approved by MITI 62.50 M 12.5%
Eligible Directors and employees 10.0 M 2.0%
Private placement to selected investors and others 30.0 M 6.0%
Total Allocations 127.50 M 25.5%

Offer for Sales of 52.50 M existing shares representing 10.5% enlarged shares.

Public Issue of 75.00 M new shares representing 15.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Bus Cap Berhad Bus Cap Berhad

BUS CAP BERHAD, through its subsidiary Sin Hock Leong Coach Works Sdn Bhd (SHL), is principally involved in the bus building industry in Malaysia. The Group's activities cover the design and manufacturing of bus bodies, assembly of these bodies with chassis, and the sourcing and installation of fittings and accessories to produce completely built up (CBU) buses. The company offers a variety of bus types, including single deck, semi-high deck, high deck, and double deck buses, catering to diverse functions such as stage, school, worker, shuttle, express, and tour buses. In addition to bus building, the Group also provides bus repair and maintenance services. The company serves local customers in Malaysia, including bus transport service operators, travel companies, and government agencies, and also exports its buses to end-customers in Singapore, primarily through a vehicle dealer.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Construction of New Factory N/A 0
Expansion Purchase of new machines N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: TA Securities Holdings Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 383.38 M
IPO Allocations No. of Shares %
Malaysian Public 19.17 M 5.0%
Eligible Directors and employees 11.501 M 3.0%
Private placement to selected investors and others 95.845 M 25.0%
Total Allocations 126.52 M 33.0%

Offer for Sales of 19.17 M existing shares representing 5.0% enlarged shares.

Public Issue of 107.35 M new shares representing 28.0% enlarged shares.

Median Sectors PE:
Pentech Holdings Berhad Pentech Holdings Berhad

Pentech Holdings Berhad, through its subsidiary Pentech Solution Sdn Bhd (PSSB), is principally involved in providing enterprise Information and Communications Technology (ICT) solutions in Malaysia. The Group's core activities include the integration of enterprise ICT infrastructure such as data centres, networks, and security systems. It also engages in the supply of hardware (servers, storage, networking equipment) and software (operating systems, virtualisation, security applications). Additionally, the Group provides cloud services (PaaS and SaaS), managed services for ICT infrastructure, technical support, and digital transformation services. The company serves a diverse range of industries, with a significant focus on manufacturing and financial services, operating from its head office in Penang and a branch office in Kuala Lumpur.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Establishment of new SOC N/A 0
Expansion Upgrade of our Group’s OCC infrastructure N/A 0
Expansion Business expansion to provide additional ICT services N/A 0
Working capital Working capital requirements N/A 0
Others Marketing expenses and promotional activities N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: Public Investment Bank Berhad
Issuing House: AscendServ
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 620.00 M
IPO Allocations No. of Shares %
Malaysian Public 31.00 M 5.0%
Bumiputera shareholders approved by MITI 77.50 M 12.5%
Eligible Directors and employees 31.0 M 5.0%
Private placement to selected investors and others 32.495 M 5.24%
Total Allocations 172.00 M 27.74%

Public Issue of 172.00 M new shares representing 27.74% enlarged shares.

Median Sectors PE:
Median Peers PE:
Likei Logistic Services Berhad Likei Logistic Services Berhad

LIKEI LOGISTIC SERVICES BERHAD is an integrated logistics service provider based in Malaysia. Through its subsidiaries, the Group is principally involved in providing container haulage and other logistics services, freight forwarding services, and warehouse services. Its operations are centered around Port Klang, offering both inbound and outbound container movements across Peninsular Malaysia. The company handles FCL and LCL cargo, manages customs clearance, and provides project cargo and land transportation services. Its warehouse services include the renting of warehouses and a non-bonded open yard, as well as providing storage at its bonded open yard. The company's key subsidiaries include Keith Logistics Sdn Bhd, SJA Freight Services Sdn Bhd, GIL Logistics Sdn Bhd, East West Logistics Sdn Bhd, Keith Avenue Sdn Bhd, and Malsuria Tanker Services Sdn Bhd. The Group serves both freight forwarding agents and end-customers in Malaysia and overseas markets such as Hong Kong, Seychelles, Indonesia, and Cambodia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Capital expenditure for a new warehouse cum office N/A 0
Expansion Purchase of commercial vehicles and supporting equipment N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: KAF Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 344.19 M
IPO Allocations No. of Shares %
Malaysian Public 17.21 M 5.0%
Bumiputera shareholders approved by MITI 43.10 M 12.52%
Eligible Directors and employees 2.581 M 0.75%
Private placement to selected investors and others 80.929 M 23.51%
Total Allocations 143.82 M 41.78%

Offer for Sales of 51.63 M existing shares representing 15.0% enlarged shares.

Public Issue of 92.19 M new shares representing 26.78% enlarged shares.

Median Peers PE:
Goldfinch Group Berhad Goldfinch Group Berhad

Goldfinch Group Berhad is a jeweller primarily focused on retailing gold jewellery and gold products in Malaysia under the brand name "Goldfinch Jewelry". The company operates an extensive network of 66 retail outlets strategically located in shopping malls, hypermarkets, and shoplots across the country, complemented by online sales channels such as Shopee and live streaming on social media platforms. Its core product offerings include a wide range of finely crafted K-gold (9K, 14K, 18K, and 22K) and pure gold (24K) jewellery, alongside gold bullion products. The portfolio features items like anklets, bangles, bracelets, earrings, necklaces, and rings. In addition to its main offerings, the company also provides a limited selection of sterling silver jewellery and ancillary services such as jewellery repair, polishing, and resizing. The Group does not engage in manufacturing; instead, it sources finished jewellery products directly from local suppliers, allowing it to focus on retail operations and customer service.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Business expansion N/A 0
Expansion Marketing and promotional activities N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: AscendServ
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 450.00 M
IPO Allocations No. of Shares %
Malaysian Public 22.50 M 5.0%
Eligible Directors and employees 11.25 M 2.5%
Private placement to selected investors and others 94.5 M 21.0%
Total Allocations 128.25 M 28.5%

Offer for Sales of 15.75 M existing shares representing 3.5% enlarged shares.

Public Issue of 112.50 M new shares representing 25.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
RT Pastry Holdings Berhad RT Pastry Holdings Berhad

RT Pastry Holdings Berhad, together with its subsidiaries, forms a vertically integrated group engaged in the manufacturing, distribution, and sales of bakery products in Malaysia. The company produces and sells a wide variety of items, including pastries, bread, other manufactured products, as well as OEM and trading products. For the FYE 2024, it retailed 581 SKUs of bakery products under its brand name, RT Pastry®. The group operates through a network of 17 retail outlets across the Klang Valley, an online e-commerce platform, and a wholesale channel that supplies to grocery retailers, cafés, and corporations. Its operations are supported by two centralized manufacturing facilities: Plant 1 in Seri Kembangan for pastry and other products, and Plant 2 in Shah Alam for bread products.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Opening of new outlets N/A 0
Expansion Purchase of new machinery and equipment N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: KAF Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 339.04 M
IPO Allocations No. of Shares %
Malaysian Public 16.96 M 5.0%
Bumiputera shareholders approved by MITI 42.38 M 12.5%
Eligible Directors and employees 6.78 M 2.0%
Private placement to selected investors and others 25.42 M 7.5%
Total Allocations 91.54 M 27.0%

Public Issue of 91.54 M new shares representing 27.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Sum Technology Berhad Sum Technology Berhad

SUM TECHNOLOGY BERHAD is a turnkey solutions provider involved in the design and build of solutions for mission-critical products and services for cleanrooms, controlled environments, and MEPF utilities. The Group also manufactures customized industrial Air Handling Units (AHUs) and trades AHUs and solar PV panels. Its services cater to various industries, including semiconductor, electrical and electronics, consumer goods, R&D laboratories, and data centres. The Group's operations are primarily based in Malaysia, with an expanding presence in other markets such as the Philippines, Taiwan, Indonesia, Singapore, and Australia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Capacity expansion N/A 0
Expansion Establishment of office in the Philippines N/A 0
Working capital Working capital N/A 0
Others Design and development activities N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 450.00 M
IPO Allocations No. of Shares %
Malaysian Public 22.50 M 5.0%
Bumiputera shareholders approved by MITI 56.25 M 12.5%
Eligible Directors and employees 4.5 M 1.0%
Private placement to selected investors and others 33.75 M 7.5%
Total Allocations 117.00 M 26.0%

Public Issue of 117.00 M new shares representing 26.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
Unioleo Holdings Berhad Unioleo Holdings Berhad

Unioleo Holdings Berhad, through its subsidiaries, is principally involved in the recycling of waste tyres and the processing of recovered materials in Malaysia. The Group operates three business segments: recycling, processing, and other related activities. The recycling segment converts whole and chipped waste tyres into valuable resources such as tyre pyrolysis oil, recovered carbon black, and reclaimed steel wire using pyrolysis and mechanical recycling technologies. The processing segment further refines these recovered materials into higher-value products; for instance, carbon black powder is processed into carbon granules, and reclaimed steel wires are cleaned and bundled for sale to steel manufacturers. The Group also generates ancillary revenue from trading pyrolysis oil and rubber granules sourced from third parties, selling surplus waste tyres, and providing transportation services. Its main products serve as cost-effective and sustainable alternatives to virgin materials and fossil fuels for industrial applications, primarily catering to customers in the cement, premix, porcelain, and steel manufacturing industries.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Future business expansion N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: Inter-Pacific Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 1,000.00 M
IPO Allocations No. of Shares %
Malaysian Public 50.00 M 5.0%
Bumiputera shareholders approved by MITI 125.00 M 12.5%
Eligible Directors and employees 20.0 M 2.0%
Private placement to selected investors and others 155.0 M 15.5%
Total Allocations 350.00 M 35.0%

Offer for Sales of 150.00 M existing shares representing 15.0% enlarged shares.

Public Issue of 200.00 M new shares representing 20.0% enlarged shares.

Median Sectors PE:
Butterfield FB Berhad Butterfield FB Berhad

Butterfield FB Berhad, through its subsidiaries, is primarily involved in the manufacturing of coffee extract powder blends and tea extract powder blends under its 'Butterfield' brand. The company provides customised formulations, blending, and packing services tailored to customer specifications. In addition to manufacturing, the Group engages in the sales and trading of a wide range of food ingredients and instant beverage premixes. These products are sourced from various suppliers and sold to business end-users such as F&B manufacturers, cafes, and restaurants. The Group operates in Malaysia and Thailand, with its main manufacturing facility and headquarters located in Bukit Minyak, Penang, Malaysia, and warehouse and office facilities in Thailand.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of Bukit Minyak Premises N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 800.00 M
IPO Allocations No. of Shares %
Malaysian Public 40.00 M 5.0%
Bumiputera shareholders approved by MITI 100.00 M 12.5%
Eligible Directors and employees 16.0 M 2.0%
Private placement to selected investors and others 66.0 M 8.25%
Total Allocations 222.00 M 27.75%

Offer for Sales of 72.00 M existing shares representing 9.0% enlarged shares.

Public Issue of 150.00 M new shares representing 18.75% enlarged shares.

Median Sectors PE:
Chubb Insurance Malaysia Berhad Chubb Insurance Malaysia Berhad

Chubb Insurance Malaysia Berhad is a licensed general insurer in Malaysia, operating as an indirect wholly-owned subsidiary of the NYSE-listed Chubb Ltd. The company offers a comprehensive range of general insurance products for both consumer and commercial sectors under the "Chubb" brand. Its business is structured into three main segments: Property and Casualty (including liability, fire, cargo, and engineering), Accident and Health (personal accident, medical, and health), and Motor insurance. Chubb Malaysia serves its market through an extensive multi-channel distribution network that includes approximately 2,000 registered agents and digital partners, 24 licensed brokers, and two bancassurance partners, complemented by direct sales via its head office and 14 branch offices across the country. The company focuses on leveraging its established track record, diversified product portfolio, and the global expertise of its parent, the Chubb Group, to meet the diverse protection needs of its large and growing customer base in Malaysia. The company does not have any subsidiaries, associates, or joint ventures.

Market: Main
Principal Adviser: Maybank Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 1,000.00 M
IPO Allocations No. of Shares %
Malaysian Public 50.00 M 5.0%
Eligible Directors and employees 0.453 M 0.05%
Private placement to selected investors and others 249.547 M 24.95%
Total Allocations 300.00 M 30.0%

Offer for Sales of 300.00 M existing shares representing 30.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
SkyeChip Berhad SkyeChip Berhad

SkyeChip Berhad and its subsidiaries are principally involved in the Integrated Circuit (IC) design industry, specialising in silicon Intellectual Properties (IPs) and silicon products, including custom Application-Specific Integrated Circuits (ASICs). The Group provides licensable silicon IPs for customers to integrate into their IC products and also designs and develops custom ASIC products tailored to specific customer requirements. These semiconductor chips are optimised for specific applications rather than general-purpose use. The Group operates through its subsidiaries located across Malaysia, Singapore, China, and Vietnam, engaging in activities such as sales and customer support, and scientific research and technological development in the fields of science, engineering, and technology.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion R&D of IC products N/A 44.1
Expansion R&D of silicon IP N/A 16.0
Expansion Expansion of operational facilities and resources N/A 5.4
Expansion Expansion of computing infrastructure and labs N/A 10.8
Expansion Subscription, licensing and/or purchase of EDA and development tools N/A 10.4
Working capital Working capital N/A 10.5
Listing expenses Defray fees and expenses relating to our IPO and Listing N/A 2.8
Total 0 100
Market: Main
Principal Adviser: Maybank Investment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 1,796.00 M
IPO Allocations No. of Shares %
Malaysian Public 35.92 M 2.0%
Eligible Directors and employees 99.407 M 5.53%
Private placement to selected investors and others 264.672 M 14.74%
Total Allocations 400.00 M 22.27%

Public Issue of 400.00 M new shares representing 22.27% enlarged shares.

Median Sectors PE:
Median Peers PE:
United Asiapac Energy Berhad United Asiapac Energy Berhad

United Asiapac Energy Berhad is involved in the provision of well intervention solutions through its subsidiary, Asiapac Oil & Gas Sdn Bhd, and associate company, Asiapac Oil & Gas (Sabah) Sdn Bhd. The Group specialises in fishing services and plug and abandonment (P&A) services to support Malaysia’s oil and gas industry. It also offers sidetracking services and other related services such as section milling, washovers, and wireline recovery. The Group operates from bases in Kemaman and Labuan.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Acquisition of well intervention tools and equipment N/A 0
Expansion Recruitment of engineers for the introduction of new well intervention solutions N/A 0
Expansion Acquisition of a new corporate office N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: TA Securities Holdings Berhad
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 550.00 M
IPO Allocations No. of Shares %
Malaysian Public 27.50 M 5.0%
Eligible Directors and employees 10.0 M 1.82%
Private placement to selected investors and others 101.72 M 18.49%
Total Allocations 139.22 M 25.31%

Public Issue of 139.22 M new shares representing 25.31% enlarged shares.

Median Sectors PE:
Median Peers PE:
Evocom Berhad Evocom Berhad

Evocom Berhad is involved in the provision of flexible staffing and network support services for e-commerce and logistics activities through its subsidiaries, Evolution Commerce Sdn Bhd (ECSB) and Evocom Venture Sdn Bhd (EVSB). Its network support services comprise last-mile delivery, transhipment and parcel shipment. The Group operates primarily in Malaysia and serves customers in Malaysia and the PRC.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Development of technology application N/A 0
Expansion Working capital to expand air freight transhipment business N/A 0
Expansion Business expansion N/A 0
Working capital Working capital for the flexible staffing services N/A 0
Working capital General working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: NewParadigm Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 455.63 M
IPO Allocations No. of Shares %
Malaysian Public 22.78 M 5.0%
Private placement to selected investors and others 113.125 M 24.83%
Total Allocations 135.91 M 29.83%

Offer for Sales of 22.00 M existing shares representing 4.83% enlarged shares.

Public Issue of 113.91 M new shares representing 25.0% enlarged shares.

SLGC Berhad SLGC Berhad

SLGC Berhad is principally involved in the provision of building construction services, including external and ancillary works, through its wholly-owned subsidiary SLG Construction Sdn Bhd. The Group operates as a CIDB G7 contractor, capable of undertaking projects of unlimited value. Its portfolio includes residential buildings (landed and high-rise) and non-residential buildings (commercial and industrial) such as factories, warehouses, and schools. The Group also provides design and build services, managing the entire project lifecycle from conceptual design to handover.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Purchase of construction machinery and equipment N/A 0
Expansion Upgrade of construction management software N/A 0
Working capital General working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 560.00 M
IPO Allocations No. of Shares %
Malaysian Public 28.00 M 5.0%
Bumiputera shareholders approved by MITI 70.00 M 12.5%
Eligible Directors and employees 2.0 M 0.36%
Private placement to selected investors and others 68.0 M 12.14%
Total Allocations 168.00 M 30.0%

Offer for Sales of 63.00 M existing shares representing 11.25% enlarged shares.

Public Issue of 105.00 M new shares representing 18.75% enlarged shares.

Median Sectors PE:
Median Peers PE:
Stratus Global Holdings Berhad Stratus Global Holdings Berhad

Stratus Global Holdings Berhad is a factory automation solutions provider specialising in cleanroom Automated Material Handling System (AMHS) solutions. Through its subsidiaries, Stratus Automation Sdn Bhd, Stratus Automation Corporation, and Stratus Automation Pte Ltd, the group is involved in the design, fabrication, installation, and commissioning of AMHS solutions, including conveyor-based AMHS, hybrid AMHS, and Automated Storage and Retrieval Systems (ASRS), primarily for the semiconductor industry.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of our Group's facility N/A 0
Expansion Overseas business expansion N/A 0
Expansion R&D expenditure N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: Main
Principal Adviser: UOB Kay Hian (M) Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 1,250.00 M
IPO Allocations No. of Shares %
Malaysian Public 25.00 M 2.0%
Bumiputera shareholders approved by MITI 156.25 M 12.5%
Eligible Directors and employees 30.0 M 2.4%
Private placement to selected investors and others 145.0 M 11.6%
Total Allocations 356.25 M 28.5%

Public Issue of 356.25 M new shares representing 28.5% enlarged shares.

Median Sectors PE:
Median Peers PE:
EcoSys (Malaysia) Berhad EcoSys (Malaysia) Berhad

EcoSys (Malaysia) Berhad is principally an investment holding company. Through its subsidiaries, it is principally involved in the provision of industrial solutions for pan-semiconductor industry, comprising the ultra-high purity fabrication of precision engineering components and sub-assembly modules; and research and development, customisation, assembly, installation, testing, commissioning and maintenance of abatement systems

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of abatement segment N/A 0
Expansion Enhancement of operational capabilities N/A 0
Expansion Expansion of geographical coverage N/A 0
Working capital Working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 571.35 M
IPO Allocations No. of Shares %
Malaysian Public 28.57 M 5.0%
Bumiputera shareholders approved by MITI 71.42 M 12.5%
Eligible Directors and employees 11.428 M 2.0%
Private placement to selected investors and others 34.28 M 6.0%
Total Allocations 145.70 M 25.5%

Public Issue of 145.70 M new shares representing 25.5% enlarged shares.

Median Sectors PE:
Median Peers PE:
Qube International Berhad Qube International Berhad

QUBE INTERNATIONAL BERHAD, through its subsidiaries, specializes in integrated exhibitions and events services. The company's business activities are categorized into three main areas: management and organisation of exhibitions and events; venue management, including operating the Malaysia International Trade and Exhibition Centre (MITEC); and the design, production, and setup of exhibition and event displays such as backdrops, stages, and booths. The Group serves a diverse clientele including government entities, non-government organisations, trade associations, and private companies, both in Malaysia and internationally across Asia, Europe, the Middle East, and the Americas. The company was incorporated in Malaysia on 15 July 2025 and has since established itself as a key player in the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Strengthen internal capabilities by setting up M&E team and new assembly facility N/A 33.85
Expansion Set up new production facility N/A 28.09
Expansion Recruitment and expansion of corporate office N/A 20.95
Working capital Working capital N/A 5.13
Listing expenses Estimated listing expenses N/A 6.9
Total 0 100
Market: ACE
Principal Adviser: NewParadigm Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 1,245.40 M
IPO Allocations No. of Shares %
Malaysian Public 62.27 M 5.0%
Bumiputera shareholders approved by MITI 155.68 M 12.5%
Eligible Directors and employees 18.681 M 1.5%
Private placement to selected investors and others 74.724 M 6.0%
Total Allocations 311.35 M 25.0%

Offer for Sales of 62.27 M existing shares representing 5.0% enlarged shares.

Public Issue of 249.08 M new shares representing 20.0% enlarged shares.

Median Peers PE:
Pioneer Heat Holdings Berhad Pioneer Heat Holdings Berhad

Pioneer Heat Holdings Berhad, through its subsidiaries, is a mechanical and civil engineering service provider in Malaysia. The Group's core expertise lies in piping system engineering and related specialised services such as heat treatment, flange management, and non-destructive testing (NDT) services, primarily serving the oil and gas, petrochemical, utility, and manufacturing industries. It is also involved in civil engineering projects for the construction of industrial and ancillary facilities. The company operates from its headquarters in Negeri Sembilan and has warehouses in Johor and Sarawak to support its projects across Peninsular and East Malaysia. The Group's services support the entire lifecycle of industrial plants, from new construction to ongoing maintenance, turnarounds, and refurbishment projects.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Setting up of new offices: New Sendayan HQ N/A 20.97
Expansion Setting up of new offices: New Sarawak Office N/A 10.84
Expansion Purchase of machinery and equipment N/A 21
Working capital Working capital N/A 27.79
Listing expenses Estimated listing expenses N/A 19.4
Total 0 100
Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Issuing House: AscendServ
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 346.90 M
IPO Allocations No. of Shares %
Malaysian Public 17.34 M 5.0%
Eligible Directors and employees 10.407 M 3.0%
Private placement to selected investors and others 76.293 M 21.99%
Total Allocations 104.05 M 29.99%

Offer for Sales of 17.34 M existing shares representing 5.0% enlarged shares.

Public Issue of 86.70 M new shares representing 24.99% enlarged shares.

Median Sectors PE:
EGH International Berhad EGH International Berhad

EGH International Berhad, through its subsidiaries, is principally involved in the provision of interior fit-out services and the sale of Furniture, Fittings & Equipment (FF&E) and building materials. The Group's core activities include end-to-end turnkey interior fit-out solutions for various property segments such as leisure (hotels, resorts), commercial (offices, hospitals, retail), and residential. Over the last 15 years, its portfolio includes over 57 hotels and resorts, 19 healthcare facilities, and 5 airport lounges across Malaysia and overseas markets like Cambodia, India, and Hong Kong. Key subsidiaries include ECO Interiors, which handles interior fit-out projects; ECO Industries and ECO Electrical, which provide specialized works; M World, which manages sourcing and procurement of FF&E and building materials, particularly from the PRC; and IPO World, which focuses on the retail and trading of these materials. The Group is registered with CIDB as a Grade 7 contractor, enabling it to undertake projects with unlimited tendering capacity in Malaysia.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Construction of new head office and warehouse N/A 0
Working capital General working capital N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: Berjaya Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 1,000.00 M
IPO Allocations No. of Shares %
Malaysian Public 50.00 M 5.0%
Eligible Directors and employees 30.0 M 3.0%
Private placement to selected investors and others 280.0 M 28.0%
Total Allocations 360.00 M 36.0%

Offer for Sales of 120.00 M existing shares representing 12.0% enlarged shares.

Public Issue of 240.00 M new shares representing 24.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
KEB Berhad KEB Berhad

KEB Berhad is principally involved in the property development business, focusing on the development and sales of residential, industrial, commercial, and mixed-use properties. Through its subsidiary, KEB Utama, the group also undertakes the in-house construction of its property development projects, covering planning and project management. Its property portfolio includes terraced houses, semi-detached houses, townhouses, apartments, condominiums, detached and semi-detached factories, retail shoplots, and mixed-use developments comprising residential (SOHO and service apartments) and commercial (retail lots/shop/office) components. The group's projects cater to a wide target market, from affordable to medium-priced properties, with a strategic focus on developing residential properties that appeal to a broader market segment.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Acquisition of landbank for development N/A 0
Working capital Working capital for project development N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: M & A Securities Sdn Bhd
Issuing House: Tricor Investor & Issuing House (TIIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 882.39 M
IPO Allocations No. of Shares %
Malaysian Public 44.12 M 5.0%
Bumiputera shareholders approved by MITI 22.06 M 2.5%
Eligible Directors and employees 22.06 M 2.5%
Private placement to selected investors and others 50.295 M 5.7%
Total Allocations 138.53 M 15.7%

Offer for Sales of 88.24 M existing shares representing 10.0% enlarged shares.

Public Issue of 138.53 M new shares representing 15.7% enlarged shares.

Median Sectors PE:
Median Peers PE:
Impact Capital Holdings Berhad Impact Capital Holdings Berhad

Impact Capital Holdings Berhad, through its subsidiaries, is principally involved in the integration of Information and Communications Technology (ICT) equipment and systems for critical infrastructure, the supply of ICT hardware and software, and the provision of ICT and other services. The Group's core activities include integrating telecommunications infrastructure, enterprise networks, data centres, and security systems. It operates primarily in Malaysia, with its head office in Kuching, Sarawak, and additional sales and service offices in Petaling Jaya, Selangor; Bintulu, Sarawak; and Kota Kinabalu, Sabah. The company serves a diverse customer base across various sectors, including local and state government bodies, utility service providers, and financial services companies.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion of offices N/A 0
Expansion Expansion of workforce and business development initiatives N/A 0
Expansion Enhancement of technology capabilities N/A 0
Working capital Working capital requirements N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: Public Investment Bank Berhad
Issuing House: AscendServ
Shariah Status: N/A
MITI allocation?: No
Number of Shares: 480.00 M
IPO Allocations No. of Shares %
Malaysian Public 24.00 M 5.0%
Eligible Directors and employees 16.0 M 3.33%
Private placement to selected investors and others 85.311 M 17.77%
Total Allocations 125.31 M 26.11%

Offer for Sales of 28.62 M existing shares representing 5.96% enlarged shares.

Public Issue of 96.69 M new shares representing 20.14% enlarged shares.

Median Sectors PE:
Median Peers PE:
JRK Holdings Berhad JRK Holdings Berhad

JRK Holdings Berhad is an urban property developer focused on residential and commercial properties primarily in Kuala Lumpur and Selangor. Through its subsidiaries, the group is involved in the development of high-rise residential projects such as apartments and condominiums, as well as commercial properties including serviced apartments and shop lots. Since commencing operations, the company has successfully launched and completed three developments with a total Gross Development Value (GDV) of RM337.62 million and has one ongoing project with a GDV of RM136.09 million. The company's strategy includes growing its business by launching new planned developments and making future acquisitions of landbanks to sustain its property development pipeline. The group's subsidiaries, including Buana Perdana, JRK Development, JRK Land, and others, are all incorporated in Malaysia and primarily engaged in property development.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Acquisition and/or joint development N/A 0
Working capital Working capital for development purposes N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: Kenanga Invesment Bank Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 963.06 M
IPO Allocations No. of Shares %
Malaysian Public 48.16 M 5.0%
Bumiputera shareholders approved by MITI 120.39 M 12.5%
Eligible Directors and employees 9.63 M 1.0%
Private placement to selected investors and others 81.82 M 8.5%
Total Allocations 260.00 M 27.0%

Public Issue of 260.00 M new shares representing 27.0% enlarged shares.

Median Sectors PE:
Median Peers PE:
MyDCD Berhad MyDCD Berhad

MyDCD Berhad, through its subsidiary DCD Technology Sdn Bhd, is principally involved in the integration and maintenance of mechanical, electrical, plumbing, and fire protection (MEPF) systems and related products and services for data centres in Malaysia. The company specializes in providing end-to-end integration of MEPF systems for various types of data centres, including enterprise, colocation, and hyperscale, managing the entire process from engineering support and supply to installation, testing, and commissioning. Additionally, the Group offers corrective and preventive maintenance services. The company was incorporated in Malaysia on 4 July 2025 and its subsidiary commenced operations in 2011.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Expansion in business operations N/A 0
Working capital Working capital N/A 0
Others Enhancement of IT systems N/A 0
Listing expenses Estimated listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: TA Securities Holdings Berhad
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 1,794.00 M
IPO Allocations No. of Shares %
Malaysian Public 89.70 M 5.0%
Bumiputera shareholders approved by MITI 224.25 M 12.5%
Eligible Directors and employees 36.0 M 2.01%
Private placement to selected investors and others 130.05 M 7.25%
Total Allocations 480.00 M 26.76%

Offer for Sales of 145.00 M existing shares representing 8.08% enlarged shares.

Public Issue of 335.00 M new shares representing 18.67% enlarged shares.

Median Sectors PE:
Median Peers PE:
GB Bond Holdings Berhad GB Bond Holdings Berhad

GB Bond Holdings Berhad, through its subsidiaries, is principally involved in the manufacturing and sales of industrial adhesives, emulsion polymers, and sealants. Its products are commonly used in various industrial applications, including paper and packaging, fabric lamination, woodworking, renovation, and building materials. The Group's business activities include formulating and manufacturing water-based industrial adhesives tailored to customer specifications, producing emulsion polymers for both in-house use and external sales, and manufacturing sealants for construction and renovation. The company operates primarily in Malaysia and also exports its products to overseas markets such as Vietnam, Thailand, and Indonesia. The Group was incorporated in Malaysia and has expanded its operations through strategic acquisitions and organic growth since its inception.

Utilisation of Proceeds:

Purpose Amount (RM'000) %
Expansion Rental and Purchase of machinery equipment for new factory N/A 0
Expansion Expansion to Vietnam N/A 0
Expansion Purchase of equipment for product formulation N/A 0
Expansion Marketing expenses for our products N/A 0
Working capital Working capital N/A 0
Listing expenses Listing expenses N/A 0
Total 0 100
Market: ACE
Principal Adviser: Malacca Securities Sdn Bhd
Issuing House: Malaysian Issuing House (MIH)
Shariah Status: N/A
MITI allocation?: Yes
Number of Shares: 412.30 M
IPO Allocations No. of Shares %
Malaysian Public 20.61 M 5.0%
Bumiputera shareholders approved by MITI 51.54 M 12.5%
Eligible Directors and employees 4.123 M 1.0%
Private placement to selected investors and others 30.904 M 7.5%
Total Allocations 107.18 M 26.0%

Offer for Sales of 42.88 M existing shares representing 10.4% enlarged shares.

Public Issue of 64.30 M new shares representing 15.6% enlarged shares.

Median Sectors PE:
Median Peers PE:

Informations above is based on draft prospectus exposure

IPO Insights

Listing Price RM 0.60
iSaham IPO Score
Listing Date 13-Feb-2026
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Listing Price RM 0.250
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Listing Price RM 0.750
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Listing Price RM 0.220
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Listing Price RM 0.550
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Listing Price RM 0.300
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Listing Price RM 0.310
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Listing Price RM 0.340
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Listing Date 18-Nov-2025
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Listing Price RM 0.250
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Listing Date 12-Nov-2025
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Listing Price RM 0.350
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Listing Date 28-Oct-2025
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Listing Price RM 0.360
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Listing Date 27-Oct-2025
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Listing Price RM 0.310
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Listing Date 23-Oct-2025
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Listing Price RM 0.310
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Listing Price RM 0.360
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Listing Date 07-Oct-2025
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Listing Price RM 0.140
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Listing Price RM 0.200
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Listing Price RM 0.310
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Listing Price RM 0.240
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Listing Price RM 0.270
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Listing Price RM 1.08
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Listing Price RM 0.280
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Listing Price RM 1.13
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Listing Price RM 0.250
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Listing Price RM 0.550
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Listing Price RM 0.390
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Listing Price RM 0.250
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Listing Price RM 0.240
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Listing Price RM 0.250
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Listing Price RM 0.880
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Listing Price RM 0.270
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Listing Price RM 0.300
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Listing Price RM 0.250
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Listing Date 17-Feb-2025
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Listing Price RM 0.360
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Listing Price RM 0.440
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Listing Date 23-Jan-2025
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Listing Price RM 0.280
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Listing Date 16-Jan-2025
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Listing Price RM 0.280
iSaham IPO Score
Listing Date 08-Jan-2025
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IPO Tier Calculator


Name Listing Price IPO Closing Date Issuing House
logo ISF Group Berhad 0.33 14-Jan-2026 Tricor Investor & Issuing House (TIIH)
logo One Gasmaster Holdings Berhad 0.25 16-Jan-2026 Malaysian Issuing House (MIH)
logo Ambest Group Berhad 0.25 27-Jan-2026 Malaysian Issuing House (MIH)
logo Kee Ming Group Berhad 0.38 27-Jan-2026 Malaysian Issuing House (MIH)
logo Hock Soon Capital Berhad 0.60 30-Jan-2026 Malaysian Issuing House (MIH)


Recommended amount to subscribe:

Units to apply Tier Cost
100 1 RM 0.00
300 2 RM 0.00
1,100 3 RM 0.00
2,100 4 RM 0.00
3,100 5 RM 0.00
4,100 6 RM 0.00
6,100 7 RM 0.00
11,100 8 RM 0.00
20,100 9 RM 0.00
50,100 10 RM 0.00
100,100 11 RM 0.00
200,100 12 RM 0.00
500,100 13 RM 0.00
1,000,100 14 RM 0.00
2,000,100 15 RM 0.00
5,000,100 16 RM 0.00
10,000,100 17 RM 0.00

IPO Financing Calculator

Guide

Calculate the costs and potential returns when using leverage to subscribe to IPOs.

Minimum investment amount is RM 10,000
Financing Details:
Note: Due to calculation precision, please consider rounding to the nearest whole number when making deposits.
Cost Breakdown:

IPO Sell Calculator

Buy Fees:
Buy Price:
Quantity (x100):
Avg. Sell Price:
Sell Fees:
Net Sell Amount:
Profit/Loss:
Profit/Loss %:
This calculator uses Malacca Securities (M+) cash upfront rate (min RM 8 or 0.08%) for all brokerage fee calculation.
Based on iSaham IPO Score 5 and above.

Average Performance (SO): 68.95% (Accuracy: 96.2%)

Average Performance (SC): 64.48% (Accuracy: 94.94%)

Average Performance (H): 96.1% (Accuracy: 58.23%)

SO - Sell First Day Open

SC - Sell First Day Close

H - Hold Until Now

Select columns required and click "Update" to save your preferences

General:


Listing Performance:


Share Allocations:


Proceeds Utilisation:


Date Price Symbol Listing Date Listing Price* Current Price SO Performance SC Performance H Performance IPO Score Market
2026-01-22 0.250 GHS [NS] 22-Jan-2026 0.250 0.230 -4.00% -2.00% -8.00% 3 ACE
2026-01-20 0.250 SBS 20-Jan-2026 0.250 0.220 0.00% -4.00% -12.00% 2 ACE
2026-01-13 0.250 SEMICO [NS] 13-Jan-2026 0.250 0.325 80.00% 50.00% 30.00% 3 ACE
2025-12-11 1.00 GENERGY 11-Dec-2025 1.00 0.715 -5.00% -12.00% -28.50% 3 Main
2025-12-10 0.750 LACMED 10-Dec-2025 0.750 1.02 0.00% 2.00% 36.00% 4 Main
2025-12-09 0.920 ORKIM 09-Dec-2025 0.920 1.02 0.00% 1.09% 10.87% 3 Main
2025-12-08 0.220 BMS 08-Dec-2025 0.220 0.180 -11.36% -20.45% -18.18% 1 ACE
2025-12-05 0.550 GEOHAN 05-Dec-2025 0.550 0.390 -1.82% -1.82% -29.09% 3 Main
2025-12-04 0.160 PSP 04-Dec-2025 0.160 0.140 0.00% -9.38% -12.50% 1 ACE
2025-11-28 0.300 FOODIE [NS] 28-Nov-2025 0.300 0.475 18.33% 33.33% 58.33% 2 ACE
2025-11-25 0.250 POLYMER 25-Nov-2025 0.250 0.190 0.00% 0.00% -24.00% 3 ACE
2025-11-19 0.310 AQUAWALK 19-Nov-2025 0.310 0.430 -3.23% 22.58% 38.71% 2 ACE
2025-11-18 0.340 PMW 18-Nov-2025 0.340 0.330 0.00% 1.47% -2.94% 3 ACE
2025-11-12 0.250 FAMIERA 12-Nov-2025 0.250 0.220 0.00% 2.00% -12.00% 2 ACE
2025-10-28 0.350 POWER 28-Oct-2025 0.350 0.195 14.29% -5.71% -44.29% 4 ACE
2025-10-27 0.360 IAB 27-Oct-2025 0.360 1.82 72.22% 81.94% 405.56% 6 ACE
2025-10-23 0.310 THMY 23-Oct-2025 0.310 1.11 158.06% 193.55% 258.06% 6 ACE
2025-10-22 0.310 VERDANT 22-Oct-2025 0.310 0.230 19.35% 19.35% -25.81% 6 ACE
2025-10-07 0.360 CHEEDING 07-Oct-2025 0.360 0.740 94.44% 104.17% 105.56% 5 ACE
2025-10-02 0.140 CAMAROE [NS] 02-Oct-2025 0.140 0.115 14.29% 7.14% -17.86% 3 ACE
2025-09-24 0.200 XPB 24-Sep-2025 0.200 0.160 7.50% 12.50% -20.00% 3 ACE
2025-09-23 0.310 JSSOLAR 23-Sep-2025 0.310 0.260 29.03% 29.03% -16.13% 5 ACE
2025-07-29 0.290 OXB 29-Jul-2025 0.290 0.260 24.14% 32.76% -10.34% 4 ACE
2025-07-18 0.240 ENPRO 18-Jul-2025 0.240 0.215 8.33% 10.42% -10.42% 3 ACE
2025-07-17 0.240 ICENTS 17-Jul-2025 0.240 0.455 20.83% 41.67% 89.58% 4 ACE
2025-07-11 0.250 A1AKK 11-Jul-2025 0.250 0.225 0.00% -2.00% -10.00% 2 ACE
2025-07-09 0.220 PMCK 09-Jul-2025 0.220 0.230 2.27% 4.55% 4.55% 4 ACE
2025-07-02 0.170 ASM 02-Jul-2025 0.170 0.140 0.00% -2.94% -17.65% 3 ACE
2025-06-26 0.270 PMIBHD 26-Jun-2025 0.270 0.205 -12.96% -14.81% -24.07% 3 ACE
2025-06-24 1.08 CKI 24-Jun-2025 1.08 0.525 0.93% 0.00% -51.39% 2 MAIN
2025-06-10 1.00 PARADIGM [NS] 10-Jun-2025 1.00 1.00 0.00% 0.00% 0.00% 1 MAIN
2025-06-09 0.160 HKB 09-Jun-2025 0.160 0.180 0.00% -9.38% 12.50% 3 ACE
2025-06-05 0.620 SAG 05-Jun-2025 0.620 0.740 9.68% 12.90% 19.35% 3 ACE
2025-06-03 0.200 ICTZONE 03-Jun-2025 0.200 0.175 0.00% 0.00% -12.50% 4 ACE
2025-05-28 0.280 OHM 28-May-2025 0.280 0.320 1.79% 1.79% 14.29% 3 ACE
2025-05-23 1.13 ECOSHOP 23-May-2025 1.13 1.57 10.62% 6.19% 38.94% 1 MAIN
2025-05-20 0.250 PEOPLE 20-May-2025 0.250 0.220 -4.00% 6.00% -12.00% 4 ACE
2025-05-08 0.550 FIBRO 08-May-2025 0.550 0.740 -16.36% -10.00% 34.55% 3 ACE
2025-05-05 0.390 WESTRVR 05-May-2025 0.390 0.200 1.28% -5.13% -48.72% 2 ACE
2025-05-02 0.520 REACHTEN 02-May-2025 0.520 0.460 0.00% 3.85% -11.54% 3 MAIN
2025-04-29 0.250 WTEC 29-Apr-2025 0.250 0.140 0.00% -6.00% -44.00% 2 ACE
2025-04-15 0.200 MSB 15-Apr-2025 0.200 0.100 -15.00% -15.00% -50.00% 1 ACE
2025-04-09 0.240 SUMI 09-Apr-2025 0.240 0.110 -25.00% -25.00% -54.17% 3 ACE
2025-03-28 1.22 HI 28-Mar-2025 1.22 2.57 4.10% 9.02% 110.66% 2 MAIN
2025-03-26 0.250 CLITE 26-Mar-2025 0.250 0.250 -8.00% -8.00% 0.00% 4 ACE
2025-03-25 0.250 DENGKIL 25-Mar-2025 0.250 0.180 0.00% -8.00% -28.00% 4 ACE
2025-03-21 0.880 LSH 21-Mar-2025 0.880 1.93 -17.05% -5.68% 119.32% 4 ACE
2025-03-13 0.270 SALIRAN [NS] 13-Mar-2025 0.270 0.225 1.85% -22.22% -16.67% 3 ACE
2025-03-03 0.680 PGLOBAL 03-Mar-2025 0.680 0.435 -31.62% -15.44% -36.03% 3 MAIN
2025-02-20 0.300 SUNLOGY 20-Feb-2025 0.300 0.250 1.67% 0.00% -16.67% 3 ACE
2025-02-18 0.200 TECHSTORE 18-Feb-2025 0.200 0.260 27.50% 10.00% 30.00% 6 ACE
2025-02-17 0.250 RTECH 17-Feb-2025 0.250 0.200 200.00% 28.00% -20.00% 6 ACE
2025-02-10 0.360 COLFORM 10-Feb-2025 0.360 0.290 11.11% 8.33% -19.44% 3 ACE
2025-02-06 0.630 NORTHERN [NS] 06-Feb-2025 0.630 0.595 42.86% 25.40% -5.56% 6 ACE
2025-01-23 0.440 KOPI 23-Jan-2025 0.440 1.44 70.45% 98.86% 227.27% 4 ACE
2025-01-16 0.280 CBHB 16-Jan-2025 0.280 0.575 17.86% 19.64% 105.36% 4 ACE
2025-01-08 0.280 SET 08-Jan-2025 0.280 0.175 28.57% 41.07% -37.50% 4 ACE
2024-12-19 0.350 WINSTAR 19-Dec-2024 0.350 0.555 40.00% 45.71% 58.57% 4 ACE
2024-12-18 0.270 CARLORINO 18-Dec-2024 0.270 0.125 -12.96% -14.81% -53.70% 2 ACE
2024-12-17 0.150 VANZO 17-Dec-2024 0.150 0.135 16.67% 10.00% -10.00% 4 ACE
2024-12-16 0.330 TOPVISN 16-Dec-2024 0.330 0.175 18.18% 3.03% -46.97% 5 ACE
2024-12-12 1.75 TMK 12-Dec-2024 1.75 1.35 12.57% 9.71% -22.86% 4 MAIN
2024-12-05 0.200 CRPMATE 05-Dec-2024 0.200 0.175 22.50% 5.00% -12.50% 3 ACE
2024-11-29 0.250 SUPREME 29-Nov-2024 0.250 0.215 48.00% 22.00% -14.00% 5 ACE
2024-11-15 0.250 METRO 15-Nov-2024 0.250 0.230 2.00% 2.00% -8.00% 5 ACE
2024-11-13 0.650 LWSABAH 13-Nov-2024 0.650 1.63 18.46% 44.62% 150.77% 5 MAIN
2024-11-11 0.780 AZAMJAYA [NS] 11-Nov-2024 0.780 1.03 28.21% 39.74% 32.05% 5 MAIN
2024-11-11 0.670 MEGAFB [NS] 11-Nov-2024 0.670 0.895 0.00% -2.24% 33.58% 3 MAIN
2024-11-06 0.280 3REN [NS] 06-Nov-2024 0.280 0.375 19.64% 41.07% 33.93% 5 ACE
2024-10-29 0.240 OBHB 29-Oct-2024 0.240 0.195 4.17% 4.17% -18.75% 4 ACE
2024-10-28 0.370 SORENTO 28-Oct-2024 0.370 0.725 1.35% 1.35% 95.95% 4 ACE
2024-10-15 0.500 NE 15-Oct-2024 0.500 0.645 6.00% 1.00% 29.00% 6 ACE
2024-10-09 0.350 CREST 09-Oct-2024 0.350 0.240 12.86% 0.00% -31.43% 2 ACE
2024-10-08 0.200 KHB [NS] 08-Oct-2024 0.200 0.105 45.00% 7.50% -47.50% 2 ACE
2024-09-19 0.380 SDCG 19-Sep-2024 0.380 0.560 31.58% 32.89% 47.37% 4 ACE
2024-09-09 1.65 99SMART [NS] 09-Sep-2024 1.65 3.90 12.12% 13.94% 136.36% 1 MAIN
2024-09-05 0.150 HAWK 05-Sep-2024 0.150 0.235 100.00% 130.00% 56.67% 3 ACE
2024-08-28 0.250 VTC 28-Aug-2024 0.250 0.235 100.00% 62.00% -6.00% 6 ACE
2024-08-23 0.560 EPB 23-Aug-2024 0.560 0.365 16.07% 10.71% -34.82% 4 ACE
2024-08-22 0.290 ELRIDGE 22-Aug-2024 0.290 1.00 17.24% 37.93% 244.83% 2 ACE
2024-08-13 0.270 SCB 13-Aug-2024 0.270 0.135 85.19% 33.33% -50.00% 4 ACE
2024-07-26 0.300 KUCINGKO [NS] 26-Jul-2024 0.300 0.105 168.33% 90.00% -65.00% 5 ACE
2024-07-23 1.15 WELLCHIP [NS] 23-Jul-2024 1.15 1.58 43.48% 49.57% 37.39% 3 MAIN
2024-07-22 0.220 BWYS 22-Jul-2024 0.220 0.200 45.45% 59.09% -9.09% 2 ACE
2024-07-09 0.840 JPG 09-Jul-2024 0.840 1.49 0.00% 7.14% 77.38% 2 MAIN
2024-07-04 0.280 OFB 04-Jul-2024 0.280 0.195 203.57% 175.00% -30.36% 6 ACE
2024-07-03 0.350 GOHUB 03-Jul-2024 0.350 0.605 128.57% 171.43% 72.86% 6 ACE
2024-07-02 0.240 UUE 02-Jul-2024 0.240
(0.160)
0.515 175.00% 189.58% 221.88% 5 ACE
2024-06-21 0.500 AGRICOR 21-Jun-2024 0.500 0.440 58.00% 75.00% -12.00% 5 ACE
2024-06-19 0.300 KTI 19-Jun-2024 0.300 0.390 0.00% -5.00% 30.00% 2 ACE
2024-05-29 0.300 KENERGY 29-May-2024 0.300 0.600 50.00% 55.00% 100.00% 3 ACE
2024-05-28 0.400 SMART 28-May-2024 0.400 0.190 25.00% 15.00% -52.50% 4 ACE
2024-05-21 0.800 FEYTECH 21-May-2024 0.800 0.280 37.50% 37.50% -65.00% 1 MAIN
2024-05-15 0.130 SINKUNG 15-May-2024 0.130 0.085 0.00% 7.69% -34.62% 2 ACE
2024-05-14 0.240 FPHB 14-May-2024 0.240 0.400 100.00% 70.83% 66.67% 4 ACE
2024-04-30 0.620 MKHOP 30-Apr-2024 0.620 0.610 1.61% -0.81% -1.61% 2 MAIN
2024-04-23 0.310 TOPMIX 23-Apr-2024 0.310 0.445 32.26% 35.48% 43.55% 4 ACE
2024-04-22 0.900 KEYFIELD 22-Apr-2024 0.900 1.52 88.89% 114.44% 68.89% 3 MAIN
2024-04-08 0.220 SBH 08-Apr-2024 0.220 0.185 15.91% 15.91% -15.91% 4 ACE
2024-03-27 0.250 ZANTAT 27-Mar-2024 0.250 0.220 60.00% 50.00% -12.00% 4 ACE
2024-03-25 0.950 PLINTAS 25-Mar-2024 0.950 0.965 0.00% 2.11% 1.58% 1 MAIN
2024-03-22 0.320 ALPHA [NS] 22-Mar-2024 0.320 0.290 0.00% 0.00% -9.38% 3 ACE
2024-02-07 0.350 AGX 07-Feb-2024 0.350 0.615 17.14% 2.86% 75.71% 3 ACE
2024-02-06 0.260 WENTEL 06-Feb-2024 0.260 0.280 0.00% 7.69% 7.69% 6 ACE
2024-02-02 0.550 TSA 02-Feb-2024 0.550 0.815 5.45% 4.55% 48.18% 5 ACE
2024-01-30 0.280 HEGROUP 30-Jan-2024 0.280 0.355 53.57% 16.07% 26.79% 5 ACE
2024-01-29 0.390 MTEC 29-Jan-2024 0.390 1.04 0.00% -7.69% 166.67% 2 ACE
2024-01-26 0.270 KJTS 26-Jan-2024 0.270 1.28 62.96% 85.19% 374.07% 3 ACE
2023-12-20 0.270 JTGROUP 20-Dec-2023 0.270 0.665 12.96% 14.81% 146.30% 2 ACE
2023-12-18 0.350 CHB 18-Dec-2023 0.350 0.890 42.86% 62.86% 154.29% 5 ACE
2023-12-07 1.07 CPETECH 07-Dec-2023 1.07 0.530 -15.89% -14.49% -50.47% 5 MAIN
2023-11-27 0.160 PANDA 27-Nov-2023 0.160 0.230 81.25% 62.50% 43.75% 5 ACE
2023-11-15 0.350 PLYTEC 15-Nov-2023 0.350 0.130 2.86% -7.14% -62.86% 2 ACE
2023-10-17 0.250 MINOX 17-Oct-2023 0.250
(0.245)
0.175 26.00% 48.00% -28.57% 5 ACE
2023-10-12 0.250 SSF 12-Oct-2023 0.250 0.415 0.00% 6.00% 66.00% 2 ACE
2023-09-26 0.240 EMCC [NS] 26-Sep-2023 0.240 0.350 33.33% 31.25% 45.83% 5 ACE
2023-09-19 0.250 MERSEC [NS] 19-Sep-2023 0.250 0.305 8.00% 20.00% 22.00% 3 ACE
2023-08-15 0.190 GLXT 15-Aug-2023 0.190 0.240 242.11% 34.21% 26.32% 4 ACE
2023-08-01 0.210 KGW 01-Aug-2023 0.210 0.150 9.52% 9.52% -28.57% 3 ACE
2023-07-26 0.300 DAY3 26-Jul-2023 0.300 0.155 116.67% 108.33% -48.33% 4 ACE
2023-07-25 0.210 MBN [NS] 25-Jul-2023 0.210 0.110 33.33% 28.57% -47.62% 5 ACE
2023-07-20 0.810 MSTGOLF 20-Jul-2023 0.810 0.200 -3.09% -3.70% -75.31% 2 MAIN
2023-07-17 0.250 DCHCARE 17-Jul-2023 0.250 0.125 60.00% 80.00% -50.00% 4 ACE
2023-07-10 0.800 SKYWLD 10-Jul-2023 0.800 0.480 0.00% -7.50% -40.00% 3 MAIN
2023-06-07 0.240 EDELTEQ 07-Jun-2023 0.240 0.475 212.50% 204.17% 97.92% 6 ACE
2023-06-01 0.430 SYNERGY 01-Jun-2023 0.430 0.305 -11.63% -18.60% -29.07% 4 ACE
2023-05-31 0.500 RADIUM 31-May-2023 0.500 0.505 -30.00% -23.00% 1.00% 3 MAIN
2023-05-29 0.380 CLOUDPT 29-May-2023 0.380 0.615 97.37% 35.53% 61.84% 5 ACE
2023-05-19 0.700 DXN 19-May-2023 0.700 0.510 -1.43% -5.00% -27.14% 2 MAIN
2023-05-09 0.330 ADB [NS] 09-May-2023 0.330 0.710 230.30% 127.27% 115.15% 5 ACE
2023-03-15 0.630 OPPSTAR 15-Mar-2023 0.630 0.285 225.40% 285.71% -54.76% 6 ACE
2023-03-10 0.900 CEB [NS] 10-Mar-2023 0.900 0.270 57.78% 66.67% -70.00% 4 MAIN
2023-01-31 0.330 VLB 31-Jan-2023 0.330 0.495 15.15% 18.18% 50.00% 2 ACE
2023-01-18 0.340 TTVHB 18-Jan-2023 0.340 0.255 338.24% 276.47% -25.00% 6 ACE
2023-01-17 0.680 KITACON 17-Jan-2023 0.680 0.730 45.59% 10.29% 7.35% 5 MAIN
2023-01-16 0.230 WELLS 16-Jan-2023 0.230 0.665 43.48% 86.96% 189.13% 5 ACE
2023-01-12 0.380 NATGATE 12-Jan-2023 0.380 1.15 113.16% 163.16% 202.63% 4 ACE
2023-01-06 0.550 DSS 06-Jan-2023 0.550 0.250 47.27% 12.73% -54.55% 3 ACE
2023-01-03 0.300 L&PBHD 03-Jan-2023 0.300 0.110 40.00% 81.67% -63.33% 2 ACE
2022-12-13 1.07 ITMAX 13-Dec-2022 1.07 5.12 42.06% 28.97% 378.50% 5 MAIN
2022-11-30 0.230 LEFORM 30-Nov-2022 0.230 0.175 -15.22% -19.57% -23.91% 3 ACE
2022-11-25 0.400 INFOM 25-Nov-2022 0.400 1.45 50.00% 33.75% 262.50% 5 ACE
2022-11-23 0.170 ECA 23-Nov-2022 0.170 0.190 282.35% 344.12% 11.76% 6 ACE
2022-10-26 0.500 BETA 26-Oct-2022 0.500 0.495 23.00% 42.00% -1.00% 5 ACE
2022-10-17 0.290 SUNVIEW 17-Oct-2022 0.290 0.375 106.90% 58.62% 29.31% 6 ACE
2022-10-06 0.350 COSMOS [NS] 06-Oct-2022 0.350 0.295 45.71% 60.00% -15.71% 4 ACE
2022-09-27 0.360 PTRB 27-Sep-2022 0.360 0.270 2.78% 2.78% -25.00% 5 ACE
2022-09-20 1.13 AMEREIT 20-Sep-2022 1.13 1.70 0.00% 2.65% 50.44% 1 MAIN
2022-09-02 0.250 SNS 02-Sep-2022 0.250 0.570 0.00% 6.00% 128.00% 4 ACE
2022-08-18 0.260 AGMO 18-Aug-2022 0.260 0.340 198.08% 201.92% 30.77% 6 ACE
2022-08-05 0.260 UNIQUE 05-Aug-2022 0.260
(0.235)
0.430 -19.23% -13.46% 82.98% 3 ACE
2022-07-26 0.320 UMC 26-Jul-2022 0.320 0.315 56.25% 37.50% -1.56% 5 ACE
2022-07-18 0.300 EIB [NS] 18-Jul-2022 0.300 0.175 -8.33% -13.33% -41.67% 3 ACE
2022-07-13 0.320 INFOTEC 13-Jul-2022 0.320 0.400 3.13% -4.69% 25.00% 5 ACE
2022-07-07 0.750 SENFONG 07-Jul-2022 0.750
(0.565)
0.690 0.00% -10.00% 22.12% 2 MAIN
2022-07-05 0.310 ORGABIO 05-Jul-2022 0.310 0.300 16.13% 9.68% -3.23% 6 ACE
2022-06-23 0.280 YXPM 23-Jun-2022 0.280 0.230 0.00% -3.57% -17.86% 3 ACE
2022-06-20 0.300 SFPTECH 20-Jun-2022 0.300
(0.100)
0.130 100.00% 123.33% 30.00% 6 ACE
2022-06-14 0.320 UNITRAD [NS] 14-Jun-2022 0.320 0.235 -17.19% -6.25% -26.56% 2 ACE
2022-06-08 0.500 LGMS 08-Jun-2022 0.500 0.505 20.00% 69.00% 1.00% 6 ACE
2022-06-07 0.280 YEWLEE 07-Jun-2022 0.280
(0.250)
0.430 1.79% 3.57% 72.00% 5 ACE
2022-05-24 0.580 CNERGEN 24-May-2022 0.580 0.510 4.31% 0.00% -12.07% 5 ACE
2022-04-28 0.210 MNHLDG 28-Apr-2022 0.210 1.72 23.81% 11.90% 719.05% 4 ACE
2022-04-18 0.330 CENGILD 18-Apr-2022 0.330 0.230 50.00% 40.91% -30.30% 5 ACE
2022-04-01 0.300 PPJACK [NS] 01-Apr-2022 0.300 0.900 30.00% 31.67% 200.00% 3 ACE
2022-03-22 1.35 FFB 22-Mar-2022 1.35 2.85 25.93% 27.41% 111.11% 3 MAIN
2022-02-28 0.300 TAGHILL 28-Feb-2022 0.300
(0.275)
0.060 3.33% 3.33% -78.18% 5 ACE
2022-01-25 1.07 SENHENG 25-Jan-2022 1.07 0.200 -15.89% -20.09% -81.31% 2 MAIN
2022-01-20 0.280 CORAZA 20-Jan-2022 0.280 0.660 150.00% 130.36% 135.71% 5 ACE
2021-12-21 1.03 SWIFT 21-Dec-2021 1.03 0.385 4.85% -6.80% -62.62% 2 MAIN
2021-12-16 1.36 ATECH 16-Dec-2021 1.36
(0.450)
0.865 3.68% 25.00% 92.22% 5 MAIN
2021-11-08 0.330 ECOMATE 08-Nov-2021 0.330
(0.160)
0.855 106.06% 46.97% 434.38% 4 ACE
2021-09-29 0.480 CEKD 29-Sep-2021 0.480 0.320 25.00% 13.54% -33.33% 5 ACE
2021-07-21 0.680 HAILY 21-Jul-2021 0.680
(0.305)
0.205 16.18% 8.82% -32.79% 3 ACE
2021-07-19 1.10 CTOS 19-Jul-2021 1.10 0.865 36.36% 47.27% -21.36% 4 MAIN
2021-07-15 0.950 YENHER [NS] 15-Jul-2021 0.950 0.825 4.74% -5.26% -13.16% 2 MAIN
2021-07-13 0.450 RAMSSOL 13-Jul-2021 0.450
(0.455)
1.04 55.56% 13.33% 128.57% 6 ACE
2021-06-29 0.280 NESTCON 29-Jun-2021 0.280 0.300 7.14% 14.29% 7.14% 2 ACE
2021-06-23 0.320 PEKAT 23-Jun-2021 0.320 1.53 165.62% 154.69% 378.12% 6 ACE
2021-05-19 0.700 TJSETIA 19-May-2021 0.700 0.205 12.14% 5.71% -70.71% 5 MAIN
2021-04-06 0.350 VOLCANO 6-Apr-2021 0.350 0.325 100.00% 38.57% -7.14% 3 ACE
2021-03-30 0.200 FLEXI 30-Mar-2021 0.200 0.110 245.00% 115.00% -45.00% 3 ACE
2021-03-16 0.480 TELADAN 16-Mar-2021 0.480
(0.455)
0.835 25.00% 18.75% 83.52% 5 ACE
2021-02-23 0.230 MOBILIA 23-Feb-2021 0.230
(0.130)
0.095 182.61% 141.30% -26.92% 3 ACE
2021-01-20 0.360 HPPHB 20-Jan-2021 0.360 0.330 58.33% 97.22% -8.33% 3 ACE
2020-10-27 0.280 EFRAME 27-Oct-2020 0.280
(0.225)
0.300 23.21% 32.14% 33.33% 3 ACE
2020-10-26 1.60 MRDIY 26-Oct-2020 1.60
(1.07)
1.81 0.00% 9.37% 69.16% 0 MAIN
2020-10-20 0.330 ANEKA 20-Oct-2020 0.330 0.130 6.06% -12.12% -60.61% 4 ACE
2020-10-16 0.340 SCGBHD 16-Oct-2020 0.340 2.29 -1.47% -2.94% 573.53% 4 ACE
2020-10-15 0.480 SAMAIDEN 15-Oct-2020 0.480
(0.265)
1.28 108.33% 67.71% 383.02% 5 ACE
2020-08-18 0.300 OPTIMAX 18-Aug-2020 0.300
(0.150)
0.605 136.67% 126.67% 303.33% 5 ACE
2020-07-23 0.230 TCS 23-Jul-2020 0.230
(0.180)
0.110 154.35% 95.65% -38.89% 5 ACE
2020-07-22 0.260 OVH [NS] 22-Jul-2020 0.260 0.145 65.38% 103.85% -44.23% 4 ACE
2020-07-15 0.410 RL 15-Jul-2020 0.410
(0.395)
0.210 58.54% 25.61% -46.84% 3 ACE
2020-03-18 0.280 ACO 18-Mar-2020 0.280 0.190 -28.57% -42.86% -32.14% 3 ACE
2020-02-20 0.640 INNATURE [NS] 20-Feb-2020 0.640
(0.620)
0.165 12.50% 2.34% -73.39% 2 MAIN
2020-01-22 0.250 PWRWELL 22-Jan-2020 0.250 0.695 2.00% 14.00% 178.00% 4 ACE
2019-11-26 0.350 SLVEST 26-Nov-2019 0.350
(0.205)
2.69 71.43% 115.71% 1212.20% 5 ACE
2019-11-08 0.250 SPRING 8-Nov-2019 0.250
(0.225)
0.120 0.00% 0.00% -46.67% 3 ACE
2019-10-14 1.30 AME 14-Oct-2019 1.30
(0.865)
1.51 -1.54% 19.23% 74.57% 4 MAIN
2019-10-07 0.230 SDS 7-Oct-2019 0.230
(0.175)
0.670 13.04% 10.87% 282.86% 4 ACE
2019-09-25 0.530 MTAG 25-Sep-2019 0.530 0.240 32.08% -16.98% -54.72% 3 ACE
2019-08-01 0.580 TASHIN 1-Aug-2019 0.580 0.210 0.00% -16.38% -63.79% 3 ACE
2019-07-17 0.160 AIMFLEX 17-Jul-2019 0.160 0.080 56.25% 53.12% -50.00% 5 ACE
2019-07-10 0.820 UWC 10-Jul-2019 0.820
(0.275)
4.25 34.15% 70.73% 1445.45% 5 MAIN
2019-07-08 0.430 KHJB [NS] 8-Jul-2019 0.430 0.110 -9.30% -18.60% -74.42% 2 ACE
2019-06-18 0.160 MESTRON 18-Jun-2019 0.160
(0.145)
0.205 25.00% 3.13% 41.38% 3 ACE
2019-06-13 0.610 GREATEC 13-Jun-2019 0.610
(0.155)
1.79 4.92% 21.31% 1054.84% 5 ACE
2019-06-12 0.560 HPMT 12-Jun-2019 0.560 0.200 3.57% -10.71% -64.29% 3 MAIN
2019-05-16 1.10 LHI [NS] 16-May-2019 1.10 0.775 1.82% 0.00% -29.55% 2 MAIN
2019-01-08 0.300 NADIBHD 8-Jan-2019 0.300 0.420 30.00% 1.67% 40.00% 5 ACE
2019-01-07 0.250 DPIH 7-Jan-2019 0.250
(0.165)
0.110 38.00% 8.00% -33.33% 3 ACE

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Average Performance for Score>4

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