Malaysia-based technology company Nuren Group Ltd has appointed ZICO Evolve Capital Sdn Bhd as its financial advisor for the group’s proposed listing on the Nasdaq Stock Exchange in the US.
Nuren Group Chief Executive Officer Petrina Goh said the proposed listing marks a significant milestone in Nuren’s next phase of growth as the group seek to broaden its capital markets footprint and tap into the deep liquidity and global investor base of the US markets.
“This is more than just a listing, it’s a positive step forward in our mission to build Southeast Asia’s most trusted ecosystem for women, from marriage to motherhood,” Goh said in a statement.
As a female-focused digital platform with market-leading brands such as Motherhood.com.my,
Ibuencer.com and Kelabmama.com, Goh said Nuren is well-positioned to capture regional and global investor interest, particularly within sectors aligned with digital media, e-commerce, parenting and women’s health.
Nuren is currently listed on the National Stock Exchange of Australia (NSX) and at this juncture, the group is assessing the appropriate listing structure, which may involve either a dual listing on both the NSX and Nasdaq or a delisting from the NSX.
“A final decision will be made once approval for listing on Nasdaq is obtained from the US Securities and Exchange Commission, and all material considerations have been evaluated,” Goh said.
