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Sum Technology Launches ACE Market IPO Prospectus to Capture Data Centre and High-Tech Industry Growth

KUALA LUMPUR, 20 May 2026 – Sum Technology Berhad has launched its prospectus for an upcoming ACE Market listing on Bursa Malaysia Securities Berhad, positioning the Malaysia-based engineering solutions provider to capture rising demand from data centres, semiconductor facilities, electric vehicle-related manufacturing and other high-tech industries.

The Company aims to raise RM32.76 million through the public issue of 117.0 million new ordinary shares at an issue price of RM0.28 per share. Upon listing, Sum Technology will have an enlarged issued share capital of 450.0 million shares, giving it an indicative market capitalisation of RM126.0 million. The Company is scheduled to list on the ACE Market on 18 June 2026.

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  • 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.

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