Marking its debut on the ACE Market today, Liftech Group Berhad looks to make its presence in high-growth industries such as semiconductors, aerospace and data centres as Malaysia continues to attract investments in advanced manufacturing and digital infrastructure.
The Company believes the expansion of these industries will drive demand for customised industrial lifting and material handling solutions, which are essential in supporting the construction, installation, maintenance and operation of advanced manufacturing facilities and mission-critical infrastructure.
According to the Independent Market Research (“IMRreport by Smith Zander International Sdn. Bhd., Malaysia’s industrial lifting and material handling equipment industry is expected to benefit from structural growth drivers, including the increasing adoption of Industry 4.0 technologies, factory automation, expansion of manufacturing activities, warehouse modernisation and continued investments in infrastructure and logistics.
The report also notes that sectors such as semiconductors, electrical and electronics (“E&E”), aerospace, logistics and data centres are expected to drive demand for higher-specification engineered lifting solutions as production processes become increasingly automated and precision-driven.
Liftech believes its integrated engineering capabilities position the Company to support customers across the entire lifecycle of industrial lifting systems from design and manufacturing to installation, commissioning, maintenance and after-sales services.
As at 10 May 2026, the Company has an unbilled order book of approximately RM41.6 million, providing earnings visibility over the near term.
Bernard Ng, Managing Director of Liftech, said Malaysia’s transition towards high-value manufacturing is creating new opportunities for engineering companies with specialised capabilities. Liftech’s ability to provide integrated engineering solutions differentiates the Company from conventional equipment suppliers.”
Under the listing exercise, Liftech raised RM23.0 million from its Public Issue of 79.2 million new shares at an issue price of RM0.29 per share. The listing include an offer for sale of 15.8 million existing shares to selected investors by way of private placement.
Based on the enlarged share capital of 314.9 million shares, the total market capitalisation of Liftech upon listing would be RM91.3 million.
M & A Securities Sdn Bhd is the Adviser, Sponsor, Underwriter and Placement Agent for the IPO, while Wyncorp Advisory Sdn Bhd is the Corporate Finance Adviser.
