KUALA LUMPUR, May 11 – Kucingko Berhad, a leading provider of 2D animation production services, is gearing up for its debut on the ACE Market of Bursa Malaysia Securities Berhad. With an IPO releasing approximately 200.0 million ordinary shares, Kucingko aims to expand its market presence and fuel growth opportunities. Through its subsidiary, Inspidea Sdn. Bhd., the Group has established itself as a key player in the animation industry, completing numerous projects and captivating audiences globally with over 4,617 minutes of content.
Mr. See Chin Joo, Executive Director of Kucingko Berhad, expressed enthusiasm for the IPO, highlighting its significance as the first animation production studio to be listed on Bursa. He outlined the Group’s ambitious expansion plans, including enhancing production capacity, strengthening business networks in the United States, and reinforcing market leadership. With a strategic allocation of IPO proceeds, Kucingko aims to set up branch offices in Sabah and Sarawak, establish a sales and marketing office in the USA, and meet working capital requirements, positioning itself for further success in the dynamic animation industry.
