KUALA LUMPUR, April 23 — Inspace Creation Berhad has signed an underwriting agreement with TA Securities Holdings Berhad for 26.97 million new shares.
Marking a key step toward its upcoming ACE Market listing on Bursa Malaysia Securities Berhad. The IPO includes a public issue of 68.50 million new shares.
And an offer for sale of 29.30 million existing shares, aimed at strengthening the group’s expansion and project capabilities.
With over 100 completed projects worth RM150 million, the company plans to leverage IPO proceeds to grow beyond the Klang Valley and tap into new commercial segments.
Backed by a RM21.22 million order book, Inspace Creation is well-positioned to benefit from rising demand in Malaysia’s interior fitting-out industry, projected to grow steadily through 2027.
