Northern Solar’s Main Market Transfer Puts RM2.23 Billion Tender Pipeline 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.
Trusted Insights. Asian Perspective.
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.
RedPlanet Berhad is raising RM13.30 million through an IPO as it transfers from the LEAP Market to the ACE Market to support geospatial and intelligent rail expansion.
KEB Berhad’s IPO underwriting covers 66.18 million shares, moving its ACE Market listing forward while pricing and detailed financial disclosures remain pending.
EcoSys (Malaysia) Berhad is raising RM39.34 million through an ACE Market IPO to expand its semiconductor abatement business and deepen its presence in India.
Yes Group Management Berhad has signed an underwriting agreement with Malacca Securities as it advances a proposed ACE Market IPO.