A1 A.K. Koh Group Berhad, a well-established Malaysian processed food and beverage (F&B) company known for its premix soups, spices, and other food products, is set to list on the ACE Market of Bursa Malaysia Securities Berhad. The company today announced the launch of its Initial Public Offering (IPO) of up to 218,400,000 ordinary shares at an IPO price of RM0.25 per share, payable in full upon application.
The IPO encompasses a total of 218.4 million shares, representing 26% of the company’s enlarged issued share capital. The offering is structured into two main components of Public Issue of up to 109,200,000 New Shares and Offer for Sale of up to 109,200,000 Existing Shares by A1 Koh Malaysia Sdn Bhd.
The IPO is subject to clawback and reallocation provisions as detailed in the prospectus.
A1 A.K. Koh Group, founded in 1986, has an extensive track record of over 38 years in the manufacturing, marketing, supply, and distribution of processed F&B products. The company’s diverse portfolio includes premix spices, premade pastes and seasonings, snacks, instant and dried noodles, canned seafood, premix and ready-to-drink beverages, primarily marketed under its in-house brands such as A1 AK Koh, Dragon Horse, Sky King, and others. The group also provides contract manufacturing and sourcing services for third-party brands, with a strong focus on Malaysian specialties that have gained acceptance both locally and internationally.
This listing on the ACE Market is expected to enable A1 AKK to further expand its manufacturing capabilities, enhance brand presence, and broaden its distribution network across Malaysia and the region.
