Bumiputera

KJTS Group Berhad's Public Portion of IPO Oversubscribed by 31.28 Times

Retrieved on: 
Tuesday, January 16, 2024
Person, Bumiputera, Institution, KJTS, IPO, Security (finance)

), a building support services provider in Malaysia, Thailand and Singapore, announces that the Company?s initial public offering (?IPO?)

Key Points: 
  • ), a building support services provider in Malaysia, Thailand and Singapore, announces that the Company?s initial public offering (?IPO?)
  • The Company received a total of 9,632 applications for 1,110,308,600 IPO Shares worth RM299.78 million from the Malaysian public, representing an oversubscription rate of 31.28 times.
  • The Bumiputera portion saw 5,803 applications for 562,240,300 IPO Shares, with an oversubscription rate of 31.69 times.
  • The public portion recorded 3,829 applications for 548,068,300 IPO Shares, indicating an oversubscription rate of 30.86 times.

KJTS Group Berhad Receives Bursa Malaysia's Approval for ACE Market Listing

Retrieved on: 
Wednesday, November 22, 2023
Exercise, Bursa Malaysia, Society, University, Sale, KJTS, Person, Hospital, Engineering, Food, Growth, IPO, Bumiputera, Security (finance)

KUALA LUMPUR, Nov 22, 2023 - (ACN Newswire) - KJTS Group Berhad ("KJTS" or the "Company") and its subsidiaries (collectively referred to as "KJTS Group" or the "Group"), a building support services provider in Malaysia, Thailand and Singapore, are pleased to announce its approval to list on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Malaysia").

Key Points: 
  • KUALA LUMPUR, Nov 22, 2023 - (ACN Newswire) - KJTS Group Berhad ("KJTS" or the "Company") and its subsidiaries (collectively referred to as "KJTS Group" or the "Group"), a building support services provider in Malaysia, Thailand and Singapore, are pleased to announce its approval to list on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Malaysia").
  • The leadership of the current management team of the Group has been instrumental in shaping KJTS Group's growth.
  • Managing Director of KJTS Group, Mr. Lee Kok Choon ("KC Lee"), commented on the milestone, saying, "We are grateful to the Bursa Malaysia for their approval of our IPO on the ACE Market.
  • This listing is a pivotal step in elevating KJTS' profile and further extending our market reach across Malaysia, Singapore, and Thailand.

Mercury Securities Group Berhad's IPO Shares Oversubscribed By 45.45 Times

Retrieved on: 
Friday, September 8, 2023
Private, IPO, Mercury, Person, Bursa, Sale, Securities Commission Malaysia, Private placement agent, Securities Commission of New Zealand, MITI, Growth, Issued shares, Rare-earth element, Security (finance), Bumiputera

Mercury Securities' IPO comprising the following:

Key Points: 
  • Mercury Securities' IPO comprising the following:
    (i) public issue of 157,095,700 new ordinary shares in Mercury Securities ("Share(s)"), at an issue price of RM0.25 per Share, representing 17.59% of the enlarged issued Shares of Mercury Securities; and
    (ii) offer for sale of 71,512,300 existing Shares at an offer price of RM0.25 per Share, representing 8.01% of the enlarged issued Shares of Mercury Securities.
  • For the public portion, 7,957 applications for 1,508,338,900 Issue Shares were received, which represents an oversubscription rate of 66.56 times.
  • For the Bumiputera public portion, 4,969 applications for 565,774,500 Issue Shares were received, representing an oversubscription rate of 24.34 times.
  • Managing Director of Mercury Securities, Mr. Chew Sing Guan said, "We are deeply grateful for the enthusiastic response we've received from investors for our IPO.

Treasure Global’s Abe Yus Malaysia (Kari Puff Abe Yus) Advances With Expansion via PERNAS Pre-Franchise Program Accreditation

Retrieved on: 
Monday, August 21, 2023
Partnership, Accreditation, Perbadanan Nasional Berhad, F&B, Entrepreneurship, Bumiputera, Investment, Economic development, Growth, TGL, Empowerment, Film industry

Abe Yus Malaysia has garnered renown for its delectable "Kari Puffs" from grab-and-go food carts, establishing itself as a frontrunner in the Malaysian F&B landscape.

Key Points: 
  • Abe Yus Malaysia has garnered renown for its delectable "Kari Puffs" from grab-and-go food carts, establishing itself as a frontrunner in the Malaysian F&B landscape.
  • The accreditation by PERNAS attests to the remarkable quality and business potential of Abe Yus Malaysia's F&B concepts.
  • This strategic partnership between Abe Yus Malaysia and PERNAS contributes to the growth of local talents and the overall economic development of the community.
  • Mr. Sam Teo, Chief Executive Officer of Treasure Global Inc, commented, "Abe Yus Malaysia's PERNAS Pre-Franchise Program accreditation is an exceptional achievement that highlights the brand's unwavering commitment to excellence.

Mercury Securities Group Signs Underwriting Agreement with Public Investment Bank for its IPO on the ACE Market of Bursa Malaysia

Retrieved on: 
Thursday, July 20, 2023
IPO, Mercury, Person, Public, Sale, Securities Commission Malaysia, Ministry of Investment, Jordan Securities Commission, MITI, Growth, Issued shares, Security (finance), Bumiputera

KUALA LUMPUR, July 20, 2023 - (ACN Newswire) - Mercury Securities Group Berhad has entered into an underwriting agreement with Public Investment Bank Berhad (PIVB) today for the Group's upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad.

Key Points: 
  • KUALA LUMPUR, July 20, 2023 - (ACN Newswire) - Mercury Securities Group Berhad has entered into an underwriting agreement with Public Investment Bank Berhad (PIVB) today for the Group's upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad.
  • - 45.47 million Issue Shares representing 5.09% of the enlarged issued share capital made available by way of private placement to selected investors.
  • PIVB will underwrite 66.98 million Issue Shares made available for application by the Malaysian Public and Eligible Persons.
  • The listing will certainly augur well for Mercury Securities to tap on the capital market for its growth and expansion plans."

Main Market-Bound Seng Fong Holdings Berhad IPO Shares Oversubscribed by 3.09 Times

Retrieved on: 
Wednesday, June 29, 2022
ESG, Private, Bumiputera, Person, Main–Market Historic District, Initial public offering, Leadership, IPO, Security (finance), Public relations, Group

KUALA LUMPUR, June 29, 2022 - (ACN Newswire) - Tricor Investor & Issuing House Services Sdn Bhd (TIIH) is pleased to announce that the Initial Public Offering (IPO) of Seng Fong Holdings Berhad is oversubscribed by 3.09 times.

Key Points: 
  • KUALA LUMPUR, June 29, 2022 - (ACN Newswire) - Tricor Investor & Issuing House Services Sdn Bhd (TIIH) is pleased to announce that the Initial Public Offering (IPO) of Seng Fong Holdings Berhad is oversubscribed by 3.09 times.
  • A total of 3,968 applications for 106,046,800 IPO Shares with a value of RM79,535,100 were received from the Malaysian public, which represents an overall oversubscription rate of 3.09 times.
  • For the Bumiputera public portion, a total of 2,097 applications for 31,762,400 IPO Shares were received, which represents an oversubscription rate of 1.45 times.
  • For the remaining Malaysian public portion, a total of 1,871 applications for 74,284,400 IPO Shares were received, which represents an oversubscription rate of 4.73 times.

CNERGENZ Berhad IPO Shares Oversubscribed by 40.32 Times

Retrieved on: 
Friday, May 13, 2022
Optimism, Company, Private, Ministry of International Trade, UOB, Electronics, Person, Solution, MITI, PCBA, Issued shares, UOB-Kay Hian, Technology, Bumiputera, Appetite, Ministry of International Trade and Industry (Malaysia), Malaysian Public Works Department, Sale, IPO, Group, Growth, SMT, Public, BHD, Rare-earth element, Security (finance), Printed circuit board, Industry

KUALA LUMPUR, May 13, 2022 - (ACN Newswire) - CNERGENZ Berhad (CNERGENZ) is pleased to announce that the share allocation to the Malaysian public from its IPO has been oversubscribed by 40.32 times.

Key Points: 
  • KUALA LUMPUR, May 13, 2022 - (ACN Newswire) - CNERGENZ Berhad (CNERGENZ) is pleased to announce that the share allocation to the Malaysian public from its IPO has been oversubscribed by 40.32 times.
  • A total of 16,186 applications for 1,033,093,200 Issue Shares were received from the Malaysian Public, representing an oversubscription rate of 40.32 times.
  • Chief Executive Officer of CNERGENZ Berhad, Mr. Lye Yhin Choy, said, "We would like to thank investors for putting their trust in us.
  • CNERGENZ Berhad was incorporated in Malaysia on 6 August 2021 as a private limited company under the name CNERGENZ Sdn.

CNERGENZ Berhad launches Prospectus for ACE Market IPO

Retrieved on: 
Friday, April 29, 2022
Solution, Independent, SMT, Dato, Private company limited by shares, Sale, IPO, Electronics, Ministry of International Trade and Industry (Malaysia), Bursa, Person, Bumiputera, Company, UOB-Kay Hian, UOB, BHD, Ministry of International Trade, Research, E&S, Nature, Group, MITI, Security (finance), Financial services, Industry

KUALA LUMPUR, Apr 29, 2022 - (ACN Newswire) - Cnergenz Berhad (CNERGENZ), an established electronics manufacturing solutions provider based in Penang, has launched the Company's Prospectus today for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities).

Key Points: 
  • KUALA LUMPUR, Apr 29, 2022 - (ACN Newswire) - Cnergenz Berhad (CNERGENZ), an established electronics manufacturing solutions provider based in Penang, has launched the Company's Prospectus today for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities).
  • Mr. David Lim, Chief Executive Officer of UOB Kay Hian Securities (M) Sdn Bhd; Mr. Kong Chia Liang, Chief Operating Officer & Executive Director of CNERGENZ Berhad; Dato' Azman bin Mahmud, Independent Non-Executive Chairman of CNERGENZ Berhad; Mr. Lye Yhin Choy, Chief Executive Officer & Executive Director of CNERGENZ Berhad; Mr. Lye Thim Loong, Chief Corporate Officer & Executive Director of CNERGENZ Berhad [L-R]
    Applications for the IPO have opened starting at 10.00 a.m. today following the Prospectus launch and will close on 11 May 2022.
  • The targeted IPO listing date of the Company on the ACE Market is on 24 May 2022.
  • At the IPO price of RM0.58 per share, CNERGENZ will have a market capitalisation of RM288.84 million ahead of its debut.

Electronics Manufacturing Solutions Provider Cnergenz Berhad Enlists UOB Kay Hian Securities as Underwriter for Its Listing Exercise

Retrieved on: 
Monday, April 4, 2022
Company, Exercise, IDMS, Sale, BHD, Ministry of International Trade, Growth, Ministry of International Trade and Industry (Malaysia), Prospectus, Person, UOB, MITI, OSAT, Bumiputera, Bursa, Goal, Solution, SMT, Electronics, UOB-Kay Hian, IPO, Security (finance), Industry

KUALA LUMPUR, Apr 4, 2022 - (ACN Newswire) - Cnergenz Berhad ("Cnergenz" or the "Company"), an electronics manufacturing solutions provider based in Penang, specialising in surface mount technology ("SMT") catering to the electronics and semiconductor industries ("E&S Industries"), is pleased to announce that the Company has entered into an underwriting agreement with UOB Kay Hian Securities (M) Sdn.

Key Points: 
  • KUALA LUMPUR, Apr 4, 2022 - (ACN Newswire) - Cnergenz Berhad ("Cnergenz" or the "Company"), an electronics manufacturing solutions provider based in Penang, specialising in surface mount technology ("SMT") catering to the electronics and semiconductor industries ("E&S Industries"), is pleased to announce that the Company has entered into an underwriting agreement with UOB Kay Hian Securities (M) Sdn.
  • ("UOB Kay Hian") today for its upcoming initial public offering ("IPO") on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities").
  • UOB Kay Hian Securities Sdn.
  • Chief Executive Officer of UOB Kay Hian, Mr. David Lim said, "UOB Kay Hian is pleased to be working with Cnergenz on its IPO exercise.

Aurelius Technologies Berhad IPO Shares Oversubscribed by 20.27 Times

Retrieved on: 
Tuesday, December 7, 2021
Electronics, Exercise, Group, Growth, Institution, Issued shares, Ministry of International Trade and Industry (Malaysia), EMS, IPO, Electronics manufacturing services, Ministry of International Trade, Bumiputera, Price, Main–Market Historic District, Security (finance)

Our journey to be a one-stop solution for Electronics Manufacturing Services (EMS) provider has come a long way and has finally come to fruition," said Executive Director and Group CEO of Aurelius Technologies Berhad, Mr. Lee Chong Yeow.

Key Points: 
  • Our journey to be a one-stop solution for Electronics Manufacturing Services (EMS) provider has come a long way and has finally come to fruition," said Executive Director and Group CEO of Aurelius Technologies Berhad, Mr. Lee Chong Yeow.
  • For the Bumiputera portion, a total of 7,399 applications for 140,000,100 Issue Shares were received which represents an oversubscription rate of 14.63 times.
  • For the public portion, a total of 6,854 applications for 240,958,700 Issue Shares were received which represents an oversubscription rate of 25.91 times.
  • Maybank Investment Bank Berhad is the Principal Adviser for the IPO, Sole Bookrunner and Sole Underwriter.