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EI Power IPO Oversubscribed by 30.8 Times Ahead of ACE Market Listing

Kuala Lumpur, 11 May 2026 – EI Power Berhad has received strong investor demand for its initial public offering ahead of its listing on the ACE Market of Bursa Malaysia Securities Berhad, with the public portion oversubscribed by 30.8 times.

The power engineering solutions provider is scheduled to list on Thursday, 21 May 2026, with an expected market capitalisation of RM336.0 million based on its issue and offer price of 48 sen per share and enlarged issued share capital of 700.0 million shares.

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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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