Pioneer Heat’s ACE Debut Puts RM21.68 Million Expansion Plan in the Spotlight
Pioneer Heat’s shares rose 30% above the IPO price by 10am, bringing attention to its RM21.68 million expansion programme and specialised engineering platform.
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Pioneer Heat’s shares rose 30% above the IPO price by 10am, bringing attention to its RM21.68 million expansion programme and specialised engineering platform.
Butterfield FB opened below its IPO price as investors turned to its RM72 million expansion plan, rising production capacity and regional growth prospects.
United Asiapac Energy opened at RM0.35 on its ACE Market debut after raising RM47.83 million to expand well-intervention tools and technical capacity.
Yes Group has secured ACE Market listing approval and plans to use IPO proceeds for European operations, Yes Academy, working capital and listing expenses.
SLGC Berhad is raising RM29.4 million through an ACE Market IPO, backed by a RM1 billion unbilled order book and growing exposure to industrial construction.
Farm Price has moved to Bursa Malaysia’s Main Market as it expands distribution capacity, value-added fresh products and digital operating tools.
GB Bond Holdings is raising RM16.08 million through an ACE Market IPO to expand industrial adhesive capacity in Penang and establish a local sales presence in Vietnam.
Mechanical and electrical engineering specialist SCA Solutions Bhd has received approval from Bursa Malaysia Securities to list on the ACE Market, with the initial public offering targeted for the fourth quarter of 2026.
Butterfield FB’s RM72 million IPO has been oversubscribed 18.7 times ahead of its ACE Market listing, reflecting strong retail demand for the beverage-ingredient manufacturer.
Evocom plans to raise RM20.5 million through an ACE Market IPO, with proceeds supporting flexible staffing and air-freight transhipment operations.