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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

South Korea to keep monitoring US chip tariffs to minimise impact, industry minister says
Oil slides over 3% after Trump comments ease Iran fears
Amir Hamzah: 2026 marks implementation of govt reforms, development agenda
1 Doc International eyes Main Market listing
JTI Malaysia names Didier Ellena managing director
Malaysia lowers February crude palm oil reference price
SME Bank expects Bank Negara to hold OPR at 2.75% in 2026
China's central bank to conduct 900-billion-yuan outright reverse repo operation
TSMC fourth-quarter profit leaps to record driven by AI boom
Bursa Malaysia slips as profit-taking hits heavyweight counters, KLCI down 0.33%

Others Also Read