Adnex Group has signed an underwriting agreement with Public Investment Bank Berhad in conjunction with its upcoming listing on the ACE Market of Bursa Malaysia Securities Berhad.
With more than 20 years of operating history through its principal subsidiary Adnex Interior Solution Sdn. Bhd., Adnex has built a solid reputation in delivering quality interior fit-out services for corporate offices, F&B outlets and sales galleries. The interior fit-out services provided by the Group typically involve the process of actualisation of design of the interior space, serving a diverse clientele ranging from local corporations to multinational companies.
Adnex’s upcoming IPO, comprising a public issue of 90.50 million new ordinary shares and an offer for sale of 39.50 million existing shares is detailed as follows:
Based on the Underwriting Agreement, PIVB will underwrite 40.00 million shares, comprising those made available for the Malaysian public and the Company’s eligible directors, employees, and persons who have contributed to the success of the Group.
Mr. Kan Wai Chun, Managing Director of Adnex commented, “Our listing will provide the financial foundation to enhance our operational capacity, expand regionally into East Malaysia and selected overseas markets, and invest in technology and equipment upgrades to strengthen our competitive edge.
Adnex obtained Bursa Securities’ approval for its listing on the ACE Market of Bursa Securities on 25 September 2025.
