KUALA LUMPUR, 19 May 2026 – Enest Group Berhad has signed an underwriting agreement with M&A Securities Sdn Bhd for its proposed initial public offering and transfer listing from the LEAP Market to the ACE Market of Bursa Malaysia Securities Berhad, marking another step in the edible bird’s nest processor’s capital market expansion.
Under the agreement, M&A Securities will underwrite all 37.78 million shares allocated to the Malaysian public and Pink Form investors. The underwriting arrangement provides greater certainty for the public portion of Enest’s IPO as the Group prepares to move from the LEAP Market, which is targeted at emerging companies, to the ACE Market, which serves companies with stronger growth ambitions.
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