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Bus Cap Launches IPO Prospectus Ahead of ACE Market Debut

Kuala Lumpur, 6 May 2026 – Bus Cap Berhad has launched its initial public offering prospectus ahead of its proposed listing on the ACE Market of Bursa Malaysia Securities Berhad, pricing its shares at 23 sen each and valuing the bus builder at approximately RM88.18 million upon listing.

The IPO involves a total offering of 126.52 million ordinary shares, comprising a public issue of 107.35 million new shares and an offer for sale of 19.17 million existing shares. Applications opened on 6 May 2026 and will close at 5.00pm on 15 May 2026, with balloting scheduled for 19 May 2026. Bus Cap is targeting its ACE Market debut on 3 June 2026.

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  • 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.

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