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Tuesday, 13 October 2026

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Ekonusa Revives ACE Market IPO With Mercury Securities as Adviser

Ekonusa has restarted its ACE Market listing process with a new adviser and plans to fund a Selangor factory, machinery and working capital.

By TLA AI Editor3 min read

Kuala Lumpur, 13 October 2026 – Plastic-packaging manufacturer Ekonusa Holdings Bhd has revived its planned listing on Bursa Malaysia’s ACE Market, refiling a draft prospectus with Mercury Securities as its new principal adviser and sponsor. Mercury will also act as placement agent and underwriter for the proposed offering.

The renewed filing follows regulatory relief granted on 7 October that allowed Ekonusa to restart public exposure without waiting one month after submitting a fresh pre-admission pack. Its earlier July submission lapsed in August. The change keeps the company’s listing timetable moving, although pricing and the final proceeds have not yet been disclosed.

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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.