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EcoSys Targets RM39.34 Million ACE Market IPO to Expand Semiconductor Abatement Business

EcoSys (Malaysia) Berhad is raising RM39.34 million through an ACE Market IPO to expand its semiconductor abatement business and deepen its presence in India.

By Abigail Cheong4 min read

Kuala Lumpur, 23 September 2026 – EcoSys (Malaysia) Berhad has launched its prospectus for an initial public offering on the ACE Market of Bursa Malaysia, seeking to raise RM39.34 million to expand its semiconductor abatement business, strengthen operational capacity and accelerate growth in India.

The industrial solutions provider is offering 145.70 million new ordinary shares at RM0.27 each, representing about 25.5% of its enlarged issued share capital of 571.35 million shares upon listing.

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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.