SRKK AI Berhad is filing for an ACE Market IPO, aiming to raise RM20.48 million, primarily for strategic growth initiatives in Artificial Intelligence.
Chief Executive Officer Mr. Yew Lip Sin said that SRKK AI’s IPO was driven by increasing adoption of AI-enabled solutions by enterprises, and the large AI market potential with Microsoft’s USD 2.2 billion investment into Malaysia’s cloud and AI infrastructure.
AI-enabled solutions constituted 11% or RM11.8 million of SRKK AI revenue for the financial year ended 31 December 2025 .
Yew said, “We have successfully embedded AI into our clients’ solutions and seen increasing adoption in AI-enabled solutions since 2022. This is the clearest signal that corporations are advancing from AI exploration into AI implementation. Therefore, our IPO proceeds are to fuel our AI-first strategy, mainly to fund strategic growth initiatives in AI.
Elaborating on the type of AI-enabled solutions, SRKK AI intends to develop a supply chain planning and forecasting platform, integrated with data analytics and AI capabilities. This will support demand forecasting and inventory replenishment for
manufacturing and food and beverage service providers.
The company’s IPO exercise entails a public issue of 64.00 million new ordinary shares , and an offer for sale of 13.00 million shares at RM0.32 apiece. Of the RM20.48 million in proceeds raised for SRKK AI, RM4.00 million is earmarked for strategic growth initiatives in AI: namely the setup of AI labs and AI academy, and development of AI-enabled data analytics and software solutions; RM1.84 million for geographical expansion to Indonesia; and RM3.70 million to build an in-house Security
Operations Centre. A further RM1.80 million is allocated for branding, marketing and promotional activities; RM4.64 million for working capital; and RM4.50 million to defray listing expenses.
SRKK AI has set a dividend policy of distributing at least 20% of consolidated profits after tax attributable to shareholders.
