KUALA LUMPUR, June 12 – EPB Group Berhad (“EPB”), a leading provider of food processing and packaging machinery solutions, has received approval from Bursa Malaysia Securities Berhad (“Bursa Securities”) to list on the ACE Market of Bursa Securities. This milestone marks a new chapter for EPB Group Berhad as it embarks on an initial public offering (“IPO”), offering a total of 111,570,000 IPO shares, representing approximately 29.99% of the enlarged issued share capital upon listing.
Established in 1992, EPB Group Berhad has emerged as a one-stop solution provider, offering design, fabrication, integration, and automation of production lines, alongside trading and manufacturing of flexible packaging materials. With the IPO proceeds, EPB aims to enhance its market visibility, expand its footprint in Penang, and invest in innovative technologies such as robotics integration in food processing and packaging machinery solutions. Mr. Yeoh Chee Min, Managing Director of EPB Group Berhad, expressed gratitude for the endorsement from Bursa Securities, highlighting the IPO as a gateway to capital markets and a catalyst for the Group’s growth and innovation endeavors.
