KUALA LUMPUR: Solar photovoltaic system specialist JS Solar Holdings Bhd’s initial public offering (IPO) has been oversubscribed by 48.32 times, ahead of its listing on the ACE Market of Bursa Malaysia on Sept 23, 2025.
JS Solar’s IPO entails a public issue of 78 million new shares at an issue price of 31 sen per share. This represents 24% of the enlarged issued shares, with RM24.18mil expected to be raised, according to Bernama.
