SLGC Falls 12.5% After Flat ACE Market Opening Following RM47.04 Million IPO
SLGC opened at its 28 sen IPO price before falling 12.5% to 24.5 sen in early ACE Market trading, following a RM47.04 million listing exercise.
Trusted Insights. Asian Perspective.
SLGC opened at its 28 sen IPO price before falling 12.5% to 24.5 sen in early ACE Market trading, following a RM47.04 million listing exercise.
Yinson Production’s FPSO JAK upgrade will raise Ghana gas-export capacity to 355 MMscf/d, extend the lease to 2036 and add about US$600 million to backlog.
Citaglobal’s LAWI Engineering secured a RM29 million scope within a RM52.1 million consortium contract for a 9.9 MW waste-to-energy plant in Thailand.
Jati Tinggi secured two TNB contracts worth RM15.7 million, taking FY2026 year-to-date wins to RM560.3 million and supporting a RM1.1 billion unbilled orderbook.
SkyeChip has joined the Rapidus CORE design ecosystem, positioning Malaysian chip expertise within Japan’s planned 2nm manufacturing platform.
MR D.I.Y. is expanding its appliance range after selling more than 900,000 units, testing whether scale can support profitable category growth.
IJM has appointed former KPMG Malaysia leader Johan Idris as independent chairman, completing a planned board succession while retaining continuity.
Foreign funds recorded a second weekly Malaysian equity outflow, while domestic institutions and retail investors absorbed the RM799.9 million of selling.
IOI Properties is reviving the Shenton 101 acquisition as Singapore rental conditions and capital-recycling options improve, despite elevated leverage.
Alpha IVF plans to move from the ACE Market to Bursa Malaysia’s Main Market after meeting accelerated transfer and market-capitalisation requirements.