GEORGE TOWN, March 19 – Chemlite Innovation Berhad has launched its Prospectus ahead of its Initial Public Offering (IPO) on Bursa Securities, marking a major milestone in its expansion strategy. The company has acquired industrial land in Penang Science Park North to develop a 100,000-square-foot, state-of-the-art facility, boosting production capacity and operational efficiency in surface finishing treatment services.
With support from MIDA, MITI, PDC, and InvestPenang, Chemlite is set to enhance Malaysia’s semiconductor and E&E industries, aligning with the New Industrial Master Plan 2030 to create high-skilled jobs and reinforce domestic supply chains.
