ACE Market-bound GHS Holdings to raise RM30mil from IPO


KUALA LUMPUR: Melaka-based food products and manufacturer, Guan Huat Seng Holdings Bhd (GHS Holdings), aims to raise RM30 million from its initial public offering (IPO), ahead of its listing on the ACE Market of Bursa Malaysia on Jan 22, 2026.

GHS Holdings said that of the proceeds, RM12 million or 40 per cent will be utilised to part-finance the setup of a new integrated complex in Batu Berendam, Melaka, and RM9 million to part-finance the setup of a new Krubong facility.

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