NORTHEAST GROUP BERHAD UNVEILS IPO PROSPECTUS
Northeast Group Berhad (“Northeast”), a precision engineering components manufacturer, launched its IPO prospectus today ahead of its ACE Market listing on 15 October 2024. The Group aims to raise RM84.49 million by issuing 168,989,000 new shares at RM0.50 each. Proceeds will fund a new factory (47.34%), debt repayment (23.67%), CNC machinery (14.65%), working capital (6.53%), and listing expenses.
99 SPEED MART RETAIL HOLDINGS BERHAD PREMIERES ON THE MAIN MARKET AT RM1.85
99 Speed Mart Retail Holdings Berhad (“99 Holdings”) debuted on the Main Market of Bursa Malaysia at RM1.85 per share, 12.1% above its IPO price of RM1.65. Trading under ’99SMART’ (code: 5326), the IPO raised RM660 million for expansion and upgrades, with total proceeds reaching RM2.4 billion—the largest for a Malaysian IPO since 2017.
NORTHEAST GROUP BERHAD INKS UNDERWRITING AGREEMENT WITH AFFIN HWANG INVESTMENT BANK
Northeast Group Berhad (“Northeast”) has signed an underwriting agreement with Affin Hwang Investment Bank Berhad for its upcoming IPO on the ACE Market of Bursa Malaysia, set for the fourth quarter of 2024. The IPO will involve issuing 168.9 million new shares and offering 51.8 million existing shares, allocated to the public, eligible stakeholders, and selected investors, including Bumiputera investors approved by MITI
3REN BERHAD SIGNS UNDERWRITING AGREEMENT
3REN Berhad (“3REN”) signed an underwriting agreement with KAF Investment Bank for its ACE Market IPO in Q4 2024. The IPO involves 110 million new shares and up to 45 million existing shares.
Proceeds will boost R&D, expand semiconductor services, and support regional growth in Singapore. CEO Koh Dim Kuan is optimistic about future opportunities.
99 SPEED MART RETAIL HOLDINGS BERHAD UNVEILS IPO PROSPECTUS
99 Speed Mart Retail Holdings Berhad launched its IPO prospectus today in Shah Alam, marking a key milestone as it prepares for Malaysia’s largest IPO since 2017! With over 2,600 outlets nationwide, 99 Holdings aims to raise RM660 million for growth and expansion. 99 Holdings will be listed on 9 September 2024 on Bursa Malaysia’s Main Market.
3REN BERHAD SECURES APPROVAL TO LIST ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD
3REN Berhad gets approval to list on the ACE Market of Bursa Securities.
3REN, an automation solutions and engineering services provider with over 15 years of experience, designs, develops, and sells digitalized solutions and automated equipment for industries such as semiconductor, electronics, and manufacturing. The Group also offers product engineering and engineering support services for integrated circuit development, assembly, and testing, primarily catering to semiconductor companies.
NORTHEAST GROUP BERHAD RECEIVES APPROVAL TO LIST ON THE ACE MARKET OF BURSA SECURITIES
Northeast Group Berhad, a precision engineering component manufacturer, celebrating its approval to list on the ACE Market of Bursa Malaysia Securities Berhad. The company specializes in components for photonics, electrical & electronics, semiconductor, telecommunication, and optoelectronics industries, offering additional services like surface finishing and mechanical sub-assembly.
99 SPEED MART RETAIL HOLDINGS BERHAD INKS RETAIL UNDERWRITING AGREEMENT
SELANGOR, 26 JULY 2024 – 99 Speed Mart Retail Holdings Berhad (“99 Holdings” or the “Company”), has signed a retail underwriting agreement with CIMB Investment Bank Berhad, Affin Hwang
Investment Bank Berhad, and RHB Investment Bank Berhad in conjunction with its upcoming initial public offering (“IPO”). 99 Holdings is targeted to list on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) in the third quarter of 2024.
JOHOR PLANTATIONS GROUP BERHAD DEBUTS ON THE MAIN MARKET OF BURSA SECURITIES
