DC Healthcare to raise RM49.81mil from IPO

KUALA LUMPUR: ACE Market-bound DC Healthcare Holdings Bhd aims to raise RM49.81mil from its initial public offering (IPO) to fund its growth plans. In conjunction with the launch of its IPO prospectus, the aesthetic medical services provider said RM9.44mil of the proceeds will go towards establishing aesthetic medical clinics and RM13.12mil for the purchase of […]

Daythree Digital targets IPO proceeds of RM33.12mil for working capital

KUALA LUMPUR: ACE Market-bound Daythree Digital Bhd is aiming to raise RM33.12mil from its initial public offering (IPO) to fund its business expansion. In a statement, the tech-driven global business service provider said plans to utilise RM14.7mil or 44.4% of the proceeds for working capital requirements to recruit an additional 380 customer experience executives. It […]

SkyWorld Development targets RM166.4mil in proceeds from IPO

KUALA LUMPUR: Main Market-bound SkyWorld Development Bhd aims to raise about RM166.4mil in proceeds from its initial public offering (IPO), the bulk of which would go towards business expansion. In conjunction with the launch of its IPO prospectus, the urban property developer said it will make a public issue of 208 million new shares and […]

MST Golf Group inks IPO underwriting agreement

PETALING JAYA: MST Golf Group Bhd has signed an underwriting agreement with RHB Investment Bank Bhd for its proposed initial public offering (IPO) and listing on Bursa Malaysia’s Main Market in the third quarter of 2023 with the prospectus to be launched by end-June. In a statement yesterday, Malaysia’s largest golf retail chain said the […]

Cloudpoint Tech aims to raise RM40.4mil from IPO

KUALA LUMPUR: Cloudpoint Technology Bhd, scheduled to make its debut on the ACE Market of Bursa Malaysia on May 29, 2023, plans to raise RM40.4mil from its initial public offering (IPO) to fund its expansion plans. The IT solutions provider said at the launch of its IPO prospectus it will utilise the proceeds to scale […]

ACE Market-bound Edelteq targets RM24mil in proceeds from IPO

KUALA LUMPUR: Edelteq Holdings Bhd, en route to a listing on the ACE Market of Bursa Malaysia, expects to raise RM24mil from its initial public offering (IPO) as it seeks to expand its production capabilities. The company, which is an engineering support provider for integrated circuit assembly and test process in the semiconductor industry, said […]

DXN aims to raise RM121.6mil from IPO for repayment, working capital

KUALA LUMPUR: Main Market-bound DXN Holdings Bhd aims to raise about RM121.6mil from the public issue portion of its initial public offering (IPO), which will go towards the repayment of bank borrowings and working capital requirements. At the launch of its IPO prospectus today, the wellness products company said the IPO will involve an offering […]

Radium Development to raise RM434mil via IPO en route to main market listing

KUALA LUMPUR: Radium Development Bhd (Radium), a Kuala Lumpur-centric property developer, has launched its prospectus today in conjunction with its proposed May 31 listing on Bursa Malaysia’s Main Market. The company eyes to raise RM434 million from the initial public offering (IPO) with a view to reinforce its Kuala Lumpur presence mainly by shoring up […]

ACE Market-bound Autocount expects to raise RM30.88mil from IPO

KUALA LUMPUR: Autocount Dotcom Bhd, en route for a listing on the Bursa Malaysia ACE Market on May 9, 2023, aims to raise RM30.88 million from its initial public offering (IPO). Autocount will utilise about 56 per cent, or RM17.3 million, from the IPO proceeds for its regional expansion in the ASEAN region. The company […]