ACE market-bound Cheeding aims to raise RM51.5mil from IPO


From left: TA Securities Holdings Bhd head, corporate finance Ku Mun Fong, TA Securities executive director Tah Heong Beng, Cheeding Holdings Bhd managing director Ng Kian Chai, Cheeding executive director Ng Chai Hsia and Cheeding chief operating officer Ng Lam Shein.

PETALING JAYA: Utilities engineering services provider Cheeding Holdings Bhd aims to raise RM51.5 million via its initial public offering (IPO), ahead of its ACE Market listing on Bursa Malaysia Securities Bhd on Oct 7, 2025.

The IPO entails the issuance of 143 million new shares at an issue price of 36 sen per share.

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Cheeding , IPO , ACE Market , Bursa Malaysia ,

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