{"id":14877,"date":"2026-05-25T15:52:56","date_gmt":"2026-05-25T07:52:56","guid":{"rendered":"https:\/\/klhappenings.com\/?p=14877"},"modified":"2026-05-25T15:52:59","modified_gmt":"2026-05-25T07:52:59","slug":"eckem-holdings-bhd-has-officially-launched-its-prospectus-for-an-ipo-on-the-ace-market-aiming-to-raise-rm15-million","status":"publish","type":"post","link":"https:\/\/klhappenings.com\/?p=14877","title":{"rendered":"Eckem Holdings Bhd has officially launched its prospectus for an IPO on the ACE Market , aiming to raise RM15 million"},"content":{"rendered":"\n

IPO to strengthen operational infrastructure and support growth in specialty industrial chemical solutions<\/em><\/p>\n\n\n\n

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L-R<\/strong>
1. Mr. Jack Tan \u66fe\u6977\u6770\u5148\u751f, Executive Director of Eckem Holdings Berhad<\/strong>
2. Mr. Tan Kwang Wah \u66fe\u5e7f\u534e\u5148\u751f, Managing Director of Eckem Holdings Berhad<\/strong>
3. Datuk Bill Tan \u62ff\u7763\u9648\u4fca\u37fd, Managing Director of Corporate Finance of M & A Securities Sdn Bhd<\/strong>
4. Mr. Danny Wong \u9ec4\u8363\u826f\u5148\u751f, Deputy Head of Corporate Finance of M & A Securities Sdn Bhd<\/strong>
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SHAH ALAM, 25 MAY 2026<\/strong> Eckem Holdings Berhad<\/strong><\/a> (\u201cEckem Holdings<\/strong>\u201d, together with its subsidiaries, the \u201cGroup<\/strong>\u201d), a specialty industrial chemical solutions provider in Malaysia, which also undertakes the manufacturing and trading of rubber products, today unveiled its prospectus in conjunction with its upcoming Initial Public Offering (\u201cIPO<\/strong>\u201d) on the ACE Market of Bursa Malaysia Securities Berhad.<\/p>\n\n\n\n

The IPO comprises a public issue of 125.00 million new ordinary shares, representing 20.00% of the Group\u2019s enlarged issued share capital of 625.00 million shares, as well as an offer for sale of 62.50 million existing shares, representing 10.00% of the enlarged issued share capital. Based on the IPO price of RM0.12<\/strong> per share, the public issue is expected to raise gross proceeds of RM15.00 million<\/strong> for the Group.<\/p>\n\n\n\n

Proceeds from the public issue will be utilised as follows:<\/p>\n\n\n\n