Cleanroom specialist iCents Group to raise RM27m from ACE Market IPO at 24 sen per share
The group's IPO exercise involves a public issue of 112.50 million new shares, representing 22.5% of its enlarged share capital, and an offer for sale of 30 million existing shares or 6.0% of the enlarged share capital.
Upon listing, iCents Group will have a market capitalisation of RM120 million based on an enlarged share base of 500 million shares.
Applications for the public issue are open from today and will close on July 2, 2025, at 5.00pm.
The company is slated to debut on July 17, 2025. — TMR
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