JOHOR BARU: Waste management services provider 5E Resources Holdings Bhd (5E Resources) has received approval from Bursa Malaysia Securities Bhd for its proposed listing on the ACE Market.
5E Resources aims to complete its listing in the second quarter of financial year 2026, a significant milestone that will strengthen its capital base and support the next phase of business expansion.
Through its subsidiaries, 5E Resources provides scheduled waste management services, including testing, collection, recovery, and recycling of scheduled wastes, while also supplying recovered and recycled products and trading chemicals and other related products.
The group is licensed to manage 34 of 77 regulated scheduled waste categories and operates multiple licensed facilities in Johor, with plans to expand into Perak, supported by an in-house accredited laboratory and research and development capabilities.
In a statement yesterday, 5E Resources said its initial public offering will comprise 304.5 million new shares and an offer for sale of 154 million existing shares, representing 29.8% of its enlarged 1.54 billion shares. — Bernama
