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Liftech Targets RM23 Mln From ACE Market IPO

KUALA LUMPUR, June 8 (Bernama) -- Liftech Group Bhd aims to raise RM23 million through its initial public offering (IPO) for its proposed listing on the ACE Market of Bursa Malaysia Securities Bhd on June 30, 2026.

Well Chip To Raise Up To RM120 Mln Via Rights Issue To Fund Pawnshop Expansion

KUALA LUMPUR, June 5 (Bernama) -- Well Chip Group Bhd will undertake a renounceable rights issue of up to 120 million new shares in the company to fund the expansion of new pawnshops and for working capital.

Elsa IPO Oversubscribed 27 Times Ahead Of ACE Market Listing

SEREMBAN, June 5 (Bernama) -- The High Court here today granted ad interim injunctions against six plaintiffs in an ongoing dispute involving the Negeri Sembilan Dewan Keadilan dan Undang (DKU), restraining them from, among other actions, convening or holding any DKU meeting, including the Special Sitting that had been scheduled for today.

ACE Market-bound Eckem Holdings Aims To Raise RM15 Mln From IPO

PETALING JAYA, May 25 (Bernama) -- Industrial chemicals distributor Eckem Holdings Bhd aims to raise RM15 million from its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia Securities Bhd scheduled for July 3, 2026.

Ann Joo's Unit Has New Potential Buyer After Deal With Southern Steel Falls Through

KUALA LUMPUR, May 22 (Bernama) -- Ann Joo Resources Bhd (Ann Joo) has proposed to dispose of its 100 per cent equity interest in Ann Joo Steel Bhd (AJSB) to Singapore-based Green Esteel Pte Ltd following the mutual termination of a heads of agreement to sell the stake to Southern Steel Bhd today.

Sarawak Consolidated Industries Completes RM113 Mln Subsidiary Disposal

KUALA LUMPUR, May 22 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has completed the disposal of its subsidiary SCIB Concrete Manufacturing Sdn Bhd (SCM) for RM113 million.

Maxis' Unit Issues Two New Sukuk Murabahah Series Amounting To RM1 Bln

KUALA LUMPUR, May 19 (Bernama) -- Maxis Bhd's wholly-owned subsidiary, Maxis Broadband Sdn Bhd (MBSB) has issued two new series of Sukuk Murabahah, totalling RM1.0 billion in nominal value, pursuant to its unrated Sukuk Murabahah programme.

Gold Li Plans First High-rise Residential Project In Muar By 2027

KUALA LUMPUR, May 18 (Bernama) -- Johor-based property developer Gold Li Holdings Bhd plans to launch its first high-rise residential project in 2027 as part of its strategy to expand beyond its traditional landed property segment.

Esentia Prices US$2 Bln Senior Notes Offering

KUALA LUMPUR, May 11 (Bernama) -- Esentia Energy Development S.A.B. de C.V. (Esentia) announced the pricing of US$2 billion in senior notes through a private offering to qualified institutional buyers and non-United States (US) investors. (US$1 = RM3.91)

PUC Disposes Of Partial Stake In Pictureworks To MacOS For RM30 Mln

KUALA LUMPUR, May 8 (Bernama) -- Digital lifestyle service provider PUC Bhd had entered into a share sale agreement on Dec 31, 2025, to dispose of 3.03 million ordinary shares or 13.76 per cent equity interest in Pictureworks International Holdings Ltd (PIHL) to MacOS Ltd for RM30.0 million as a partial divestment of its investment in PIHL. 

Horizon Quantum Completes Nasdaq Listing, Reports Q1 Loss

KUALA LUMPUR, May 8 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, has reported an operating loss of US$6.5 million for the first quarter (Q1) ended March 31, 2026, compared to US$4.7 million in the same period last year. (US$1=RM3.91)