THMY IPO oversubscribed 35.57 times ahead of ACE Market debut


KUALA LUMPUR: THMY Holdings Bhd’s initial public offering (IPO) has been oversubscribed by 35.57 times ahead of its listing on the ACE Market of Bursa Malaysia Securities Bhd, scheduled for Oct 23, 2025.

The Penang-based electrical and electronics company drew strong investor demand for its IPO, which comprises 143.91 million new shares and 88.8 million existing shares offered at 31 sen each, payable in full upon application.

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