Kuala Lumpur, 29 April 2026 – Penang-based integrated circuit designer SkyeChip Bhd is seeking to raise RM352 million from its initial public offering on Bursa Malaysia’s Main Market, positioning the company as one of Malaysia’s notable semiconductor listings at a time when artificial intelligence and high-performance computing are reshaping global chip demand.

The company is scheduled to list on 20 May 2026, with an IPO price of 88 sen per share. The offering involves a public issue of 400 million new ordinary shares, giving SkyeChip an expected market capitalisation of about RM1.58 billion upon listing.

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Abigail Cheong
I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.