NationGate aims to raise RM166mil from IPO


PETALING JAYA: Nationgate Holdings Bhd will use a large part of the proceeds raised from its listing to repay bank borrowings and as working capital.

The ACE Market bound electronic manufacturing services (EMS) provider aims to raise RM165.5mil from its initial public offering (IPO) of 435.5 million new shares at an issue price of 38 sen per share.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
NationGate , IPO , Bursa Malaysia , EMS

Next In Business News

Stocks retreat on Iran, AI concerns as Fed meeting looms
Maybank anchors Malaysia's first tokenised sukuk issuance by Khazanah, SC
Ringgit opens higher against US$, mixed versus peers
FBM KLCI starts slightly higher as local sentiment improves
Trading ideas: SD Guthrie, KLCCP Stapled, Tropicana, 7-Eleven, Kimlun, Avaland, Cropmate, Jasa Kita, Pimpinan Ehsan, TWL, Nestle, Eco-Shop, LPI, Alpha IVF, Pantech
Tropicana Corp to expand footprint in Langkawi
Cropmate addressing MACC freeze on bank accounts
Thai AirAsia cuts seat capacity
Malaysia remains DC hotspot
MISC positioned for stronger FY26 performance

Others Also Read