SkyeChip’s 95x oversubscription is the headline. But for investors, the bigger question is whether Malaysia is finally moving from semiconductor production to semiconductor value creation.
SkyeChip Bhd’s upcoming Main Market debut has become one of the most-watched IPOs on Bursa Malaysia this year.
The Penang-based integrated circuit design company saw its public portion oversubscribed by 95.03 times, after receiving 74,453 applications for 3.45 billion shares from the Malaysian public. The company is scheduled to list on 20 May 2026, with an IPO price of 88 sen per share.
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