ACE Market-bound Oasis Home aims to raise RM28mil from IPO

From left: Oasis Home Holding Bhd independent non-executive chairman Ahmad Tajudin Omar, Oasis Home chief operating officer Datin Jenna Tang Jing Wen, Oasis Home chief executive officer Datuk Jaden Teoh Yee Seang, MIDF Amanah Investment Bank Bhd chief executive officer Datuk Seri Nur Julie Gwee Ariff and MIDF senior director and co-head of corporate finance Wan Hung See.

KUALA LUMPUR: ACE Market-bound Oasis Home Holding Bhd, an omni-channel consumer lifestyle products marketer and seller, aims to raise RM28 million from its initial public offering (IPO) ahead of its scheduled listing on May 28, 2025.

The IPO involves issuing 100 million new shares at an issuance price of 28 sen per share.