Kee Ming Group Berhad mencatat satu lagi pencapaian penting apabila merekodkan pertumbuhan hasil yang ketara bagi TK2026, sekali gus memperlihatkan momentum kukuh syarikat selepas penyenaraian di Pasaran ACE Bursa Malaysia.
Syarikat penyedia penyelesaian kejuruteraan mekanikal dan elektrik (M&E) itu merekodkan hasil sebanyak RM151.49 juta, meningkat 142.7% berbanding tahun kewangan sebelumnya. Pada masa sama, keuntungan sebelum cukai melonjak kepada RM23.25 juta, manakala keuntungan selepas cukai meningkat hampir dua kali ganda kepada RM16.27 juta.
Prestasi tersebut dipacu oleh peningkatan aktiviti pelaksanaan projek serta sumbangan lebih tinggi daripada sektor perindustrian dan komersial yang terus menjadi pemacu utama pertumbuhan Kumpulan.
Bagi suku keempat TK2026, Kee Ming turut mencatat margin keuntungan kasar yang lebih baik sebanyak 34.9%, didorong oleh pengurusan kos yang berkesan dan sumbangan projek bermargin tinggi.
Pengarah Urusan Kee Ming Group Berhad, Ir. Liew Kar Hoe berkata, syarikat kini berada pada kedudukan yang lebih kukuh dari segi kewangan untuk meneruskan projek lebih besar dan mencabar, selain memperluaskan kehadiran dalam pasaran tempatan.
Dengan buku pesanan tertunggak bernilai RM151.9 juta setakat akhir Mac 2026, Kee Ming optimis untuk meneruskan pertumbuhan positif pada tahun kewangan akan datang.
Eckem Holdings Berhad, an established specialty industrial chemical solutions provider which also undertakes the manufacturing and trading of rubber products, has officially commenced its initial public offering (IPO) exercise following the launch of its prospectus today. This pivotal corporate milestone paves the way for the Group’s upcoming listing on the ACE Market of Bursa Malaysia Securities Berhad.
The corporate exercise entails a public issue of 125.00 million new ordinary shares, representing 20.00% of the Group’s enlarged issued share capital of 625.00 million shares, in tandem with an offer for sale of 62.50 million existing shares, representing 10.00% of the enlarged issued share capital. Offered at an IPO price of RM0.12 per share, the public issue is structured to raise gross proceeds amounting to RM15.00 million.
The Group has outlined a meticulous capital allocation strategy for the utilization of the IPO proceeds. A majority share of RM6.00 million will be deployed for the construction of a new corporate office, warehouse, and laboratory facility to substantially fortify the Group’s operational infrastructure. To enhance downstream manufacturing capabilities, RM2.00 million will be allocated to expand a new production line dedicated to the rubber products segment. The remaining capital will be utilized to optimize the Group’s balance sheet, with RM1.45 million allocated for the repayment of bank borrowings, RM1.75 million dedicated to working capital requirements to sustain ongoing business operations, and RM3.80 million designated to defray listing expenses.
Commenting on the prospectus launch, Mr. Tan Khai Jeik (Jack Tan), Executive Director of Eckem Holdings Berhad, stated that the event signifies a defining moment in the Group’s corporate evolution. He emphasized that over the years, the company has cultivated robust relationships with industrial clientele by ensuring a reliable supply chain, coupled with application formulation support and advanced technical expertise. He added that the capital injection from the listing will directly upgrade their infrastructure and technical proficiency, thereby elevating their capacity to support the rigorous application demands of Malaysia’s wider manufacturing sector.
Affirming the financial viability of the listing, Datuk Bill Tan, Managing Director of M & A Securities Sdn Bhd, noted that Eckem Holdings has successfully carved out a resilient market presence within the specialty industrial chemicals domain. He attributed this success to the Group’s proven capability in delivering highly customized chemical solutions and maintaining exceptional customer retention rates. He added that as Malaysia’s macroeconomic industrial and manufacturing landscape continues to expand, the Group remains strategically positioned to capture future growth opportunities and deliver long-term stakeholder value post-listing.
Eckem Holdings currently commands a highly diversified industrial customer base comprising downstream manufacturers, compounders, and resellers. While the Group maintains a diversified geographical footprint spanning international markets such as China, Singapore, the United Kingdom, and the United States, its primary revenue engine remains firmly anchored in its home market. Malaysian operations accounted for approximately 94% of the Group’s total revenue for the financial year ended 2025.
Hektar Real Estate Investment Trust (Hektar REIT) mengorak langkah besar dalam menstruktur semula portfolio asetnya apabila memeterai cadangan untuk menguasai Sekolah Antarabangsa KYS KL East (KYSKLEIS) menerusi transaksi bernilai RM125 juta. Langkah agresif yang diumumkan oleh pengurusnya, Hektar Asset Management Sdn Bhd hari ini, merupakan satu pelan strategik demi mendapatkan jaminan pendapatan masa depan yang lebih berdaya tahan melalui segmen pendidikan swasta K-12. Pengambilalihan ini melibatkan kepentingan pajakan ke atas tanah dan bangunan sekolah premium tersebut yang terletak strategik di dalam perbandaran berintegrasi KL East, Setapak.
Bagi memastikan kelangsungan operasi dan aliran tunai yang stabil, penguasaan aset ini disusuli dengan pengaturan pajakan balik jangka panjang, di mana pengendali sekolah sedia ada akan terus menguruskan institusi berkenaan. Jaminan pendapatan masa depan Hektar REIT diperkukuhkan lagi melalui struktur perjanjian ‘tiga kali ganda bersih’ (triple net lease), yang mewajibkan penyewa menanggung sepenuhnya perbelanjaan berkaitan hartanah termasuk cukai tanah, taksiran, penyelenggaraan, utiliti, dan insurans. Selain itu, kontrak ini turut mengandungi klausa kenaikan kadar sewa sebanyak 10% bagi setiap tiga tahun, sekali gus memberikan unjuran purata hasil bersih sekitar 8.87% sepanjang tempoh 30 tahun.
Nilai komersial aset KYSKLEIS ini juga dijangka terus meningkat pada masa depan melalui fasa peluasan fizikal. Pihak penjual komited untuk menanggung sepenuhnya kos pembangunan Fasa 3 bagi membina blok sekolah menengah baharu, yang dijadualkan siap dalam tempoh 24 bulan dari tarikh perjanjian tanpa syarat. Apabila siap sepenuhnya kelak, kampus berkeluasan 241,055 kaki persegi ini mampu melonjakkan kapasiti pengambilan pelajar sehingga 1,300 orang, sekali gus memperkukuh kedudukannya sebagai hab pendidikan utama di bawah Pelan Induk KL East oleh Sime Darby Property.
Ketua Pegawai Eksekutif Hektar Asset Management, Zainal Iskandar
Pengarah Eksekutif dan Ketua Pegawai Eksekutif Hektar Asset Management, Zainal Iskandar menegaskan bahawa langkah menguasai aset pendidikan ini adalah kunci utama dalam memperkukuhkan keterlihatan pendapatan dan daya tahan portfolio Hektar REIT berdepan turun naik pasaran. Menurut beliau, struktur pajakan jangka panjang serta kenaikan sewa kontrak sedia ada menawarkan aliran pendapatan yang sangat stabil dan boleh diramal. Profil aset yang kukuh ini dipercayai mampu melengkapi portfolio sedia ada syarikat dan menjamin pulangan yang mampan serta konsisten kepada pemegang unit dalam jangka masa panjang.
Walau bagaimanapun, memandangkan urus niaga ini diklasifikasikan sebagai transaksi pihak berkaitan (related party transaction), sebuah penasihat bebas telah dilantik untuk menasihati pemegang unit yang tidak berkepentingan. Pelaksanaan penuh cadangan ini masih tertakluk kepada kelulusan daripada pemegang unit Hektar REIT, pihak berkuasa kawal selia, dan kelulusan penyenaraian unit baharu yang akan diterbitkan bersama sebahagian dana tunai bagi mengoptimumkan struktur modal syarikat. Sekiranya tiada sebarang kekangan, transaksi ini dijangka siap sepenuhnya pada separuh pertama tahun 2027.
Southern region property player Gold Li Holdings Berhad (“Gold Li” or the “Group”) has officially initiated an aggressive cross-sector growth strategy following its successful listing debut on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) today. Opening at a stable price of RM0.12 per share, the public float successfully unlocked approximately RM15.21 million in gross proceeds through the issuance of 117.0 million new ordinary shares. This fresh capital injection is meticulously structured to fuel immediate regional scaling, with RM11.21 million directly assigned to corporate working capital to fund ongoing and future building works, while RM4.00 million will absorb accompanying listing expenses.
Operating from a position of strength since 1999, Gold Li has built an impenetrable market presence within the Muar, Tangkak, and Batu Pahat districts of Johor. Unlike traditional developers that rely heavily on third-party building firms, Gold Li maintains a highly integrated business model with a wholly-owned, in-house construction division acting as the principal contractor for all its developments. This self-sustaining structural blueprint grants management absolute control over raw material procurement, localized labor dynamics, strict quality benchmarks, and exact structural delivery timelines—an operational edge that has already yielded 110 successfully completed projects to date.
From Left to Right: Mr. Ngiam Mia Teck, Mr. Lim Seok Kim, Pn Fatimah Zahrah Binti Baharim, Mr. Kee Tong Kiak, Dato’ Lee Tiau Huat, Datin Lau Siew Su, Dr. Kong Yee Foon, Mr Lee Teoh Keng, Datuk Bill Tan, and Mr. Gary Ting
The strategic choice to go public lands at a time when Johor’s real estate market is experiencing a massive macroeconomic surge. According to Independent Market Research findings by Smith Zander, total residential asset transaction values across Gold Li’s core sub-markets of Muar, Tangkak, and Batu Pahat comfortably breached the RM1.96 billion threshold in 2025 alone. To capture a larger share of this highly lucrative southern growth corridor, the Group is moving aggressively to monetize its existing pipeline, which currently features 13 active site developments, 28 future projects, and 29 distinct parcels of land primed for forward layout designs.
Crucially, the ACE Market listing serves as the ultimate launchpad for Gold Li’s boldest corporate pivot yet: diversifying away from low-density landed properties and breaking into high-density architecture. The Group has finalized blueprints for its maiden high-rise residential complex in Muar, scheduled to break ground in the first half of 2027 with a projected Gross Development Value (“GDV”) of approximately RM322.7 million. BACKED by an aggregate pipeline GDV of RM854.9 million across its active landbook, this high-rise expansion represents a highly calculated move to maximize land-use efficiency and boost corporate margins.
Dato’ Lee Tiau Huat, Managing Director of Gold Li Holdings Berhad, stated that today’s capital market entry marks the definitive pinnacle of a 27-year evolution rooted in Johor. He emphasized that the freshly secured public equity platform provides the necessary balance-sheet strength to unlock the latent value of their 47.3-acre land reserve and fund the upcoming 2027 high-rise asset diversification, ensuring a sustainable trajectory that delivers institutional-grade value to its new public shareholder base.
Guan Huat Seng Holdings Berhad (“GHS Holdings”) dan anak syarikatnya, pengedar dan peruncit produk makanan serta pengeluar produk perisa yang berpangkalan di Melaka, dengan sukacitanya mengumumkan pelancaran rasmi prospektus bersempena penyenaraian syarikat di Pasaran ACE Bursa Malaysia Securities Berhad. Sejak kewujudan jenama “Guan Huat Seng” pada tahun 1930-an dan pengalaman mantap lebih 46 tahun sejak penubuhan Guan Huat Seng (Heng Kee) Sdn. Bhd., GHS Holdings telah berkembang daripada peruncit makanan tradisional kepada pengedar dan peruncit produk makanan yang pelbagai, lengkap dengan keupayaan pengeluaran dalaman. Melalui anak syarikatnya, Guan Huat Seng (Heng Kee) Sdn. Bhd. dan GHS Food Industries Sdn. Bhd., Kumpulan ini mengedar dan menjual pelbagai produk makanan termasuk makanan laut beku dan tahan lama, produk perisa, makanan kering dan snek, serta produk runcit am. Pengeluaran produk perisa dalaman dilaksanakan dengan pensijilan Halal, HACCP dan MeSTI untuk sos, pes dan serbuk perasa kering.
Susulan pelaksanaan tawaran awam permulaan (IPO), GHS Holdings dijangka mengumpul RM30 juta melalui penerbitan 120 juta saham baharu pada harga RM0.25 sesaham. Hasil IPO ini akan digunakan untuk membiayai sebahagian daripada penubuhan Kompleks Bersepadu Baharu (RM12 juta), penubuhan Kemudahan Krubong Baharu (RM9 juta), modal kerja (RM3 juta), perbelanjaan pemasaran (RM1.5 juta) dan anggaran perbelanjaan penyenaraian (RM4.5 juta).
Encik Yeo Tien Ee, Pengarah Urusan GHS Holdings, menyifatkan pelancaran prospektus ini sebagai titik penting dalam transformasi syarikat daripada peruncit makanan tradisional kepada pengedar dan peruncit produk makanan yang lebih pelbagai dengan kapasiti pengeluaran dalaman. Beliau menambah bahawa IPO ini akan mempercepatkan pelan pengembangan syarikat, meningkatkan kapasiti pengeluaran dan penyimpanan melalui kemudahan baharu di Melaka, serta mengukuhkan kehadiran dalam segmen pengedaran dan runcit. Yeo menegaskan bahawa GHS Holdings komited membina legasi kepercayaan dan kualiti sambil memacu pertumbuhan mampan jangka panjang untuk semua pihak berkepentingan.
Encik Ku Mun Fong, Ketua Kewangan Korporat TA Securities Holdings Berhad, pula berkata bahawa GHS Holdings memiliki rekod prestasi kukuh dalam industri pengedaran produk makanan dan minuman Malaysia, dengan rangkaian pengedaran luas dan pasukan pengurusan berpengalaman yang meletakkan syarikat pada kedudukan baik untuk merebut peluang pertumbuhan. Beliau menyatakan kegembiraan menyokong perjalanan IPO ini dan menekankan hala tuju strategik GHS Holdings untuk memanfaatkan pertumbuhan berterusan industri F&B tempatan.
Industri perdagangan pengedaran produk F&B di Malaysia mencatatkan kadar pertumbuhan tahunan kompaun (CAGR) sebanyak 7.6% antara 2022 dan 2024, manakala pertumbuhan untuk 2026 diunjurkan pada 5.0%, terutamanya dipacu oleh segmen runcit melalui jualan dan promosi bermusim di kedai fizikal, media sosial dan platform e-dagang. Pada 2026, subsektor makanan, minuman dan penginapan dijangka berkembang 6.6%, disokong oleh peningkatan ketibaan pelancong untuk tujuan perniagaan dan percutian, serta aktiviti MICE, sejajar dengan kempen Melawat Malaysia 2026.
Permohonan untuk Terbitan Awam dibuka mulai 5 Januari 2026 dan ditutup pada 9 Januari 2026, sementara penyenaraian GHS Holdings di Pasaran ACE Bursa Securities dijadualkan pada 22 Januari 2026. Selepas disenaraikan, Kumpulan dijangka mempunyai permodalan pasaran kira-kira RM118.38 juta, berdasarkan harga terbitan RM0.25 sesaham dan jumlah saham diperbesarkan sebanyak 473,500,100.
TA Securities Holdings Berhad bertindak sebagai Penasihat Utama, Penaja, Penaja Jamin dan Ejen Penempatan untuk IPO ini, menyokong langkah strategik GHS Holdings untuk memperkukuh kehadiran dalam industri F&B Malaysia dan meneruskan pengembangan serta inovasi produk bagi memenuhi permintaan pasaran tempatan dan antarabangsa.
With 17 years of experience spanning derivatives trading, monetary policy operations and multi-asset market development, Kenneth Chan has developed a deep understanding of Malaysia’s retail investing landscape. His career journey across the banking sector, Bank Negara Malaysia and Bursa Malaysia revealed a recurring challenge: while Malaysians are keen to invest, participation has long been limited by systems that were not designed for everyday investors. Now as CEO of Webull Malaysia, Kenneth is focused on addressing these structural gaps through technology, prioritizing digital access, simple tools, lower entry costs and a secure platform to make investing more inclusive and accessible.
Kenneth’s vision was strongly shaped during his time at Bursa Malaysia, where he played a role in strengthening market liquidity, expanding algorithmic trading participation and supporting the exchange’s transformation into a digitally enabled, multi-asset marketplace. This exposure highlighted that the main barriers to retail participation were not a lack of interest, but challenges related to access, affordability, knowledge and language. When he took the helm at Webull Malaysia, he saw an opportunity to build investing infrastructure that directly addressed these issues through a strong localization strategy backed by Webull’s global technology.
Localization became a core pillar of Webull Malaysia’s approach from day one. Bahasa Malaysia support was introduced across the app interface, real-time market data and the Webull Learn education hub to ensure financial knowledge was accessible to a wider audience. The platform was further aligned with local needs through the introduction of Islamic banking options and Shariah-compliant filters for US stocks. At the same time, Kenneth prioritized reducing cost barriers by introducing initiatives such as 0% commission trading for Bursa Malaysia stocks and fractional US share ownership starting from as low as USD1, making market participation less intimidating for first-time investors.
Beyond technology and product design, Kenneth emphasizes education and engagement as essential drivers of sustainable retail participation. Under his leadership, Webull Malaysia maintains an active presence at Securities Commission Malaysia and Bursa Malaysia initiatives, while also expanding digital education through social media, webinars and bite-sized learning content. Campaigns such as #SamaSamaWebull reflect the platform’s commitment to meeting Malaysians where they are, combining on-ground engagement with digital learning to build confidence and long-term investing habits.
Looking ahead, Kenneth envisions Webull Malaysia evolving alongside its users by offering tools and products that match different stages of an investor’s journey. From low-risk cash management solutions like Moneybull, to paper trading for beginners and multi-asset access for more experienced investors, the platform is designed to grow with its community. Recent milestones, including recognition as Best Retail Investment App at the PC.com Awards 2025 and the integration of securities and futures trading into a single interface, signal growing trust among Malaysian investors. As regulatory frameworks mature and financial literacy improves, Kenneth believes Malaysia is entering a pivotal phase for retail investing—one where inclusive design, education and technology can empower a more confident and informed investor base.
A shareholder of Jentayu Sustainables Berhad has taken legal action to halt the company’s upcoming Extraordinary General Meeting (EGM), scheduled for 4 December 2025. In a lawsuit filed on 28 November 2025, the shareholder, Andy Lai Wee Young, is seeking to postpone the meeting on grounds that its legality — along with several proposed corporate exercises — is in question. According to a press statement from his solicitors, Mak LK & Co, Lai, who owns 1,361,000 shares in the company, filed an Originating Summons (OS) and an injunction application to restrain Jentayu from convening the “postponed” EGM or acting on any resolutions that may arise from it. The High Court has fixed the hearing for the injunction on 5 December 2025.
Central to Lai’s legal challenge is the company’s decision to delay the EGM from its original date of 22 October 2025 to 4 December 2025. Court filings reveal that Lai disputes the board’s authority to postpone the meeting, arguing that Jentayu’s Constitution — specifically Articles 70 and 71 — does not empower directors to change the date once the notice has been issued. He contends that an adjournment can only occur after the meeting has convened and with shareholders’ consent. Since no meeting took place on 22 October, Lai maintains that the company’s decision to set a new date is invalid.
The lawsuit also raises questions about inconsistencies involving the proxy documents and the record of depositors (ROD) date. The proxy form issued with the original notice dated 3 September 2025 referred to an ROD date of 16 October 2025. However, the rescheduled meeting uses a different ROD date — 27 November 2025 — which Lai argues could place Jentayu in breach of Bursa Malaysia’s Listing Requirements. He further highlights the company’s failure to clarify whether mandatory inspection documents, as outlined in the shareholder circular, remain accessible to shareholders until the new meeting date, potentially representing another compliance issue.
Lai additionally criticizes Jentayu for not announcing the litigation to Bursa Malaysia despite its material impact, pointing to Paragraph 9.03 of the Listing Requirements, which mandates prompt disclosure of significant legal proceedings. He argues that shareholders and the market deserved timely notification once the suit was filed and case management began.
Beyond the meeting date itself, Lai’s legal action challenges the validity of key resolutions to be tabled at the 4 December EGM, should it proceed. These include a proposed private placement of up to 20% of the company’s issued shares, an acquisition of equity in Jentayu Solar Sdn Bhd, and a variation in the utilization of proceeds from the company’s 2022 rights issue. Lai asserts that the disputed EGM cannot serve as a legitimate platform for decisions involving major corporate exercises, especially when he believes critical information has not been adequately disclosed.
In view of these concerns, Lai is calling for the EGM to be deferred until the High Court reaches a decision. He argues that proceeding with the meeting amid ongoing litigation and alleged procedural irregularities would undermine corporate governance standards, compromise shareholder rights, and expose the company to additional legal complications. His legal action, he says, reflects a commitment to promoting transparency, ensuring compliance with regulatory requirements, and safeguarding the interests of all Jentayu shareholders.
Webull Malaysia, a subsidiary of Webull Corporation (NASDAQ: BULL), has partnered with AHAM Asset Management Berhad (AHAM Capital) to launch Moneybull, an innovative cash management solution designed to help investors maximise returns on idle or uninvested cash while retaining full liquidity. The collaboration combines Webull’s technology-driven investing platform with AHAM Capital’s fund management expertise, providing Malaysians with an accessible, low-risk solution to optimise their cash seamlessly and earn daily returns. Through Moneybull, investor funds are allocated to the AHAM Aiiman Enhanced i-Profit Fund-Class B, a Shariah-compliant money market fund offering stable returns of up to 3.4% per annum*, with no lock-in period, enabling instant access to funds whenever needed.
A key feature of Moneybull is the Auto Sweep function on Webull’s platform, which automatically moves idle cash for stock purchases on Bursa Malaysia, allowing investors to maximise returns without compromising trading flexibility. There are no subscription or redemption fees, and the service does not incur additional platform charges. With rising inflation and living costs prompting Malaysians to seek low-risk, short-term investment options, Moneybull addresses gaps highlighted by the Securities Commission Malaysia’s Youth Capital Market Survey, which cited limited financial knowledge, product complexity, and accessibility constraints as barriers to investing. The initiative also aligns with Bank Negara Malaysia’s Financial Inclusion Framework (2023–2026), promoting secure, inclusive, and digitally enabled financial solutions.
Kenneth Chan, CEO of Webull Malaysia, noted that Moneybull represents a step toward making investing an everyday activity, bridging professional fund management and digital innovation to create a simple, affordable, and low-risk entry point for Malaysians to grow their wealth. Dato’ Teng Chee Wai, Managing Director of AHAM Capital, added that Moneybull addresses the common challenge of optimising idle cash by placing it into a low-risk, Shariah-compliant money market fund while preserving flexibility for market opportunities, empowering Malaysians to build financial resilience and long-term wealth.
To celebrate the launch, Webull Malaysia is running a promotional campaign for new and existing users. Investors who activate Moneybull during the campaign can earn bonus returns of up to 6.0% per annum for 90 days on eligible cash balances up to RM200,000. Additionally, new users who open and fund a Webull account with RM5,000 and maintain it for 60 days will receive RM500 worth of Nvidia shares. The promotion runs from 14 November to 31 December 2025.
Webull Malaysia, a regulated broker under the Securities Commission Malaysia, continues to prioritise transparency and investor protection, offering zero platform fees, zero commission on Bursa Malaysia stock until 31 December 2025, and a user-friendly platform in both Bahasa Malaysia and English. The service supports conventional and Islamic accounts and includes Shariah-compliant stock filters for Malaysian, U.S., Hong Kong, and China-A markets, ensuring ethical and inclusive investing options. For more information, investors can visit www.webull.com.my/moneybull or follow Webull Malaysia on social media for the latest updates.
Chemlite Innovation Berhad (“Chemlite Innovation” or “the Company”), a leading engineering support services provider specializing in surface finishing treatments, has officially unveiled its prospectus in preparation for its Initial Public Offering (“IPO”) on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”).
The IPO aims to raise RM30 million through the issuance of 120,000,000 new shares. The funds generated will be strategically allocated to drive business expansion and operational improvements, with a focus on:
Enhancing Operational Capabilities: This includes the construction of a new facility, the establishment of cleanrooms, investments in advanced machinery and equipment, and the formation of a dedicated research and development (“R&D”) department.
Boosting Working Capital: The additional funds will support business growth and operational sustainability, ensuring long-term stability and success.
Mr. Chong Yuen Fong, Executive Director and CEO of Chemlite Innovation Berhad, stated that the IPO represents a major step forward in the Company’s growth journey. He highlighted that the proceeds will enable the expansion of anodising services and the construction of a new facility, increasing production capacity. This initiative will allow the Company to strengthen its market presence, particularly in the semiconductor, electrical, and electronics industries.
Mr. Heng Chee Khiang, Executive Director and COO, emphasized that the listing will provide a solid foundation for Chemlite Innovation to create added value for customers and stakeholders. He expressed confidence that the funds raised will support the Company in meeting the increasing demands of its global clientele while enhancing its operational capabilities and innovative solutions.
Mr. David Lim, CEO of UOB Kay Hian Securities (M) Sdn Bhd, commended Chemlite Innovation’s solid industry reputation, technical expertise, and clear growth strategy. He affirmed that the IPO would equip the Company with the resources needed to expand its service offerings and enhance its facilities, reinforcing its position as a market leader.
Chemlite Innovation is renowned for delivering high-quality surface finishing treatment solutions, supported by cutting-edge facilities at Penang Science Park. The Company’s continuous investments in cleanroom and automation technologies underscore its commitment to excellence and meeting stringent customer requirements. This IPO is expected to strengthen its market foothold and drive long-term sustainable growth.
UOB Kay Hian Securities (M) Sdn Bhd is the Principal Adviser, Sponsor, Underwriter, and Placement Agent for Chemlite Innovation’s IPO, ensuring a seamless listing process. The Company’s debut on the ACE Market is anticipated to enhance its industry reputation and unlock new expansion opportunities.