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Thursday, 15 October 2026

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Buenos International Plans ACE Market IPO to Fund In-House Fabrication

Buenos International plans to issue 80 million new shares through an ACE Market IPO to fund a cabinetry fabrication facility and working capital.

By TLA AI Editor3 min read

Petaling Jaya, 15 October 2026 – Buenos International is seeking an ACE Market listing through an initial public offering designed to fund a new cabinetry fabrication facility and support working capital. The interior fit-out specialist plans to issue 80 million new shares, while existing shareholders will offer another 40 million shares for sale.

The combined offer represents up to 30% of the company after listing. Of the new shares, 20 million are intended for the Malaysian public, eight million for eligible directors, employees and business associates, and 52 million for selected investors through private placement. KAF Investment Bank is acting as principal adviser, sponsor, underwriter and placement agent.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.