Skip to content
Tuesday, 20 October 2026

The Ledger Asia

Trusted Insights. Asian Perspective.

Subscribe
Markets

SKA Capital Targets RM72.3 Million IPO as Power Infrastructure Demand Expands

SKA Capital Berhad plans to raise RM72.3 million through an IPO priced at RM0.43 a share, with its ACE Market listing scheduled for 11 November 2026.

By Abigail Cheong5 min read

Kuala Lumpur, 20 October 2026 – SKA Capital Berhad launched its initial public offering prospectus on 20 October 2026 ahead of a planned listing on the ACE Market of Bursa Malaysia Securities Berhad on 11 November. The power infrastructure engineering group aims to raise RM72.3 million through the issuance of 168.08 million new shares at RM0.43 each, giving it an indicative market capitalisation of RM385.1 million upon listing.

For investors, the listing provides exposure to Malaysia’s power infrastructure build-out at a time when electricity demand, data-centre development, grid modernisation and renewable-energy integration are driving additional investment. SKA Capital enters the market with an outstanding order book of about RM313.4 million as at 21 September 2026, while revenue increased more than fivefold from RM44.4 million in the financial year ended 2023 to RM241.4 million in the financial year ended 2025.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

This content has been restricted to logged-in users only. Please log in to view this content.

Author

  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.