Summary
- EcoSys plans to raise RM39.34 million from its IPO.
- Shares are priced at 27 sen each.
- Proceeds will support expansion, debt repayment and growth in India.
KUALA LUMPUR, September 30 — EcoSys (Malaysia) Berhad launched its prospectus Wednesday for an ACE Market initial public offering expected to raise RM39.34 million.
The semiconductor industry solutions provider will issue 145.7 million new shares at 27 sen each, representing about 25.5% of its enlarged share capital.
EcoSys plans to allocate RM17 million to expand its abatement systems business, RM8 million to repay borrowings and RM4.93 million to strengthen operations.
Another RM1.54 million will support expansion in India, where EcoSys plans to establish a sales and service centre. India contributed 35.1% of group revenue in financial year 2025.
