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Wednesday, 19 August 2026
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GTA Holdings Launches RM71.75 Million ACE Market IPO to Expand Aviation MRO Capabilities and Middle East Footprint

By Abigail Cheong3 min read

Kuala Lumpur, 19 August 2026 – Aviation maintenance, repair, and overhaul (MRO) specialist GTA Holdings Berhad has officially launched its prospectus in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad, seeking to raise RM71.75 million in fresh primary proceeds to expand its engineering facilities and international footprint.

The listing exercise entails an offering of 329.0 million ordinary shares at an issue price of RM0.35 per share. This comprises a public issuance of 205.0 million new shares, generating RM71.75 million in gross proceeds accruing entirely to the group, alongside an offer for sale of 124.0 million existing shares by selling shareholders.

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Author

  • 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.