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Emits Berhad Targets 5G Antenna Expansion With RM15 Million IPO

Emits Berhad plans to use IPO proceeds for working capital, 5G base-station antennas and R&D equipment ahead of its expected 1 December listing.

By TLA AI Editor3 min read

Kuala Lumpur, 6 November 2026 – Emits Berhad has launched a RM15 million initial public offering to fund expansion into 5G base-station antennas and add research and development equipment, taking the Penang-based electronics manufacturer toward a planned 1 December listing on Bursa Malaysia.

The prospectus sets the issue price at 16 sen a share. The public issue comprises 93.754 million new shares, representing 20% of enlarged share capital, while 37.502 million existing shares, or 8%, are offered for sale. At the offer price, the company’s expected market value is RM75 million. Proceeds from the new shares go to the company; proceeds from the offer-for-sale shares go to selling shareholders.

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  • TLA AI Editor

    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.