PETALING JAYA: Impact Capital Holdings Bhd is eyeing a listing on the ACE Market of Bursa Malaysia.
The company is principally involved in the integration of information and communications technology (ICT) equipment and systems for critical infrastructure, supply of ICT hardware and software, and provision of ICT and other services.
In its prospectus exposure, the company said its initial public offering (IPO) will entail the public issue of 96.69 million new ordinary shares.
The company said proceeds from the IPO will be used for the expansion of offices, workforce and business development initiatives, enhancement of technology capabilities and working capital requirements.
“We intend to expand our operational footprint by establishing new offices in strategic locations.
“This initiative is designed to enhance our capacity to serve customers more effectively, improve operational efficiency, and support future business growth.”
Impact Capital said it plans to expand its operations in the Klang Valley by establishing and renting an additional new office in Kuala Lumpur.
“The new office, with approximately 7,700 sq ft of floor space, will accommodate our Klang Valley team and house our new Digital Innovation and Solutions Centre.”
In addition, the company said it plans to relocate its operations in Bintulu and Kota Kinabalu from co-working spaces to larger and permanent rented office premises within the same cities.
“Further, to strengthen our market presence and expand our customer reach, we intend to expand our operations into Johor by establishing a new office in Johor Baru, Johor.
“This office will enable us to be closer to our customers, respond more quickly to their needs, and support project execution.”
As part of its business expansion plans, Impact Capital said it intends to further enhance our human resources capabilities by recruiting additional personnel.
“Our focus will be on hiring skilled professionals with the requisite technical expertise and industry knowledge necessary to support and sustain our operations.
“We intend to recruit approximately 60 personnel progressively over the three-year period from 2027 to 2029.”
As part of its growth strategy, the company said it intends to undertake business development initiatives to strengthen its brand positioning, enhance market visibility, and expand its customer reach.
“These initiatives are designed to support our long-term objective of establishing our group as a trusted and recognised ICT infrastructure and services provider across Malaysia.”
Public Investment Bank Bhd is the sponsor for the company’s IPO.
