From left: Charlene Bong, Promoter and Chief Operating Officer, Insights Analytics; Gary Ting, Head of Corporate Finance, M & A Securities; Prof Loo Chu Kiong, Independent Director, Insights Analytics; Fong Tshu Kwong @ Fong Tshun Kwong, Independent Director; Frank Wee, Managing Director; Datuk Abdul Wahab Aziz, Chairman; Bong Joon Fook, Executive Director; Helen Tan Miang Kieng, Independent Director; and Datuk Bill Tan, Managing Director of M & A Equity Holdings
KUALA LUMPUR: Insights Analytics Bhd
made its debut on the ACE Market at a 72% premium over its initial public offering (IPO) price as the technology solutions provider said it planned to ride on rising demand for smart water management systems and the accelerating digital transformation agenda.
At 9am, shares in the Sarawak-based firm crossed at 62 sen, a leap up from its IPO price of 36 sen after 33.46 million shares traded.
In a statement, Frank Wee, managing director of Insights Analytics, said the company’s solutions, including its proprietary Intelli Water System and intelligent asset management solutions are directly aligned with government programmes such as the National Non-Revenue Water (NRW) Programme (2025–2030), the Sarawak Alternative Water Supply (SAWAS) Initiative, the Water Sector Transformation 2040, and Sarawak’s RM20 billion Smart Water Infrastructure Blueprint.
“These long-term initiatives are creating a strong pipeline of projects for the water industry. With our proven technology and track record, Insights Analytics is well positioned to play a meaningful role in supporting Malaysia’s water transformation and digitalisation goals,” he said.
Part of the proceeds from the IPO will be used to acquire a new corporate office in Kuching, featuring a mini data centre to strengthen its digital infrastructure and service capacity.
The mini data centre will provide clients especially small and medium enterprises with a secure and efficient hybrid or cloud-based platform to host and manage their software and applications.
To strengthen innovation, Insights Analytics is investing in research and development (R&D) and talent recruitment, hiring professionals with expertise in machine learning, data analytics, AI model development, and cloud engineering.
These efforts will enhance the performance and innovation of the Company’s intelligent water management platforms, it said.
Beyond Sarawak, Insights Analytics is expanding its presence in West Malaysia to capture new opportunities in water and digital infrastructure projects nationwide. A dedicated on-site support team and operational network will be established to improve customer engagement and project delivery.
