EcoSys (Malaysia) Bhd’s initial public offering (IPO) has drawn strong retail demand, with the Malaysian public portion oversubscribed by 206.70 times ahead of its scheduled listing on Bursa Malaysia’s ACE Market on Oct 14.
The industrial solutions provider, which serves the pan-semiconductor industry, received 31,734 applications for 5.93 billion shares under the Malaysian public portion of the IPO.
EcoSys is offering 145.70 million new shares, representing about 25.5% of its enlarged issued share capital of 571.35 million shares upon listing.
Of the public issue, 28.57 million shares, equivalent to 5% of the enlarged share capital, were allocated to the Malaysian public, split equally between Bumiputera and other Malaysian investors.
The other Malaysian public portion received 19,625 applications for 3.97 billion shares, resulting in a substantially higher oversubscription rate of 276.63 times.
EcoSys is scheduled to make its debut on the ACE Market of Bursa Malaysia on Oct 14, 2026.
