Stratus Global Holdings Bhd is targeting a market capitalisation of RM1 billion as it launches its Main Market IPO, with shares priced at 80 sen each in a listing exercise designed to fund capacity expansion, innovation and international growth.
The semiconductor automated material handling system (AMHS) solutions specialist is issuing 356.25 million new ordinary shares under the IPO, which is expected to raise approximately RM285 million. The exercise consists entirely of new shares, with no offer for sale by existing shareholders, ensuring full deployment of proceeds towards the company’s expansion strategy.
Of the total proceeds, RM122.6 million will be allocated to expand manufacturing capacity, including the development of a new facility in Penang to support higher production output and larger-scale semiconductor projects. A further RM45 million has been earmarked for research and development to enhance AMHS solutions, proprietary software systems and product innovation.
The company will also invest RM20 million to establish overseas sales and engineering support offices in key semiconductor markets, while RM82.4 million will be utilised for working capital requirements. The remaining RM15 million will cover listing-related expenses.
Executive Director and Chief Executive Officer Ryo Narisawa said the IPO provides Stratus Global with the financial platform to accelerate its next phase of growth amid rising global demand for semiconductor automation solutions.
Founded in 1998, Stratus Global delivers end-to-end AMHS solutions covering design, fabrication, installation and commissioning for semiconductor manufacturers. Its systems automate the movement and storage of critical materials within cleanroom environments, improving production efficiency, precision and operational uptime.
The company serves multinational semiconductor customers across Malaysia, Asia, Europe and North America, underscoring its established position within the global supply chain.
The company is scheduled to be listed on Bursa Malaysia’s Main Market on July 21. UOB Kay Hian (M) Sdn Bhd is the principal advisor, underwriter and placement agent for the exercise.
