Kuala Lumpur, 18 September 2025 — Camaroe Berhad’s initial public offering (IPO) on the ACE Market of Bursa Malaysia has drawn overwhelming interest from investors, with its public portion oversubscribed by more than 15 times, underscoring strong market appetite for the company’s growth story.
M&A Securities Sdn Bhd, the principal adviser and placement agent, announced that Camaroe received 3,487 applications for 402.4 million issue shares, valued at RM56.3 million, against the 26.3 million shares available for public balloting. This translates to an overall subscription rate of 15.26 times.
Strong Public and Employee Take-Up
The Bumiputera public portion saw 1,358 applications for 96.9 million shares, representing an oversubscription rate of 6.83 times. Meanwhile, the public portion attracted 2,129 applications for 305.5 million shares, oversubscribed by 23.69 times.
The 12.38 million issue shares allocated to eligible directors, employees, and contributors to Camaroe Group’s success were also fully subscribed.
Private Placement Fully Taken Up
Separately, the 61.88 million shares allocated to Bumiputera investors approved by MITI were fully placed out after clawback and reallocation provisions, while another 49.5 million offer shares via private placement to selected investors were also fully subscribed.
Following reallocation, a total of 66.54 million shares were distributed among 59 investors in the private placement tranche. The top 10 placees accounted for nearly half (47.5%) of this distribution, with the single largest placee receiving 10 million shares.
Post-IPO Shareholding Structure
Camaroe’s enlarged issued share capital will stand at 495 million shares after the listing. Notably, no new substantial shareholders emerged from the IPO allocations.
The company is slated to make its debut on the ACE Market later this month, with investors closely watching whether the strong demand for its shares translates into a robust debut performance.
