KUALA LUMPUR, 21 May 2026 – Elsa Berhad has launched its prospectus for an ACE Market listing on Bursa Malaysia Securities Berhad, positioning the integrated oil and gas services and equipment solutions provider to scale its robotics, digital and asset-light project integration capabilities across the energy sector.
The IPO values Elsa at an indicative market capitalisation of RM123.83 million, based on an enlarged share capital of 538.40 million shares and an issue price of RM0.23 per share. The Group is scheduled to list on the ACE Market on 16 June 2026.
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