Evocom Opens 16.7% Below IPO Price in ACE Market Debut
Evocom opened at 15 sen, 16.67% below its 18 sen IPO price, as the e-commerce supply-chain enabler made its ACE Market debut on Bursa Malaysia.
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Lim Seong Hai completes its Main Market transfer after progressing through LEAP and ACE, with recurring income and its 30% payout policy shaping the next phase.
Bee Same Group has secured approval for a planned 2027 ACE Market listing, with an IPO combining 58.74 million new shares and 19.58 million existing shares.
SKA Capital’s proposed ACE Market IPO combines 168.08 million new shares with a 72.4 million-share offer for sale as it targets larger power projects.
Lim Seong Hai Capital is set to transfer to the Main Market on 8 October 2026, putting its RM1.2 billion orderbook and earnings quality in focus.
Northern Solar’s Main Market transfer puts its RM189.3 million orderbook and RM2.23 billion tender pipeline under a larger investor spotlight.
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.
Alpha IVF plans to move from the ACE Market to Bursa Malaysia’s Main Market after meeting accelerated transfer and market-capitalisation requirements.
SKA Capital has signed its ACE Market IPO underwriting agreement, but investors still need the prospectus to assess valuation, margins and capital deployment.
GB Bond opened above its IPO price and will invest proceeds in Penang capacity and a Vietnam sales office. The shareholder test is whether new orders fill that capacity profitably.
NWE Resources Group Berhad is raising RM28.6 million through an ACE Market IPO to fund product innovation, R&D, marketing and wider expansion across its hospitality and consumer businesses.