Graphjet Technology eyes Nasdaq debut with US$1.49bil valuation


KUALA LUMPUR: Graphjet Technology Sdn Bhd, a green graphite producer, is eyeing a Nasdaq debut with a US$1.49 billion (RM7.10 billion) pro-forma enterprise value following the greenlighting of its de-Spac transaction by the United States Securities and Exchange Commission.

Graphjet said this development is a milestone in its journey towards becoming a publicly traded entity that not only signifies the company’s business growth but also its commitment to shaping a green supply chain ecosystem globally.

The Star 6.6 DEAL: 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!

Next In Business News

Trading ideas: EITA, Alam Maritim, Well Chip, UMS Integration, Lianson Fleet, Encorp, Pineapple Resources
Pekat’s prospects brighten on solar job
Bulls seek protection in world’s hottest market
Central banks keep gold bullish long term
Global IPOs unlikely to trigger outflows
MISC’s�carbon capture and storage push deepens with new charter deal
World cup nears, homeless crisis lingers
Jakarta’s commodities reality check
Mah Sing to benefit from DC boom
Construction poised for measured expansion

Others Also Read