ACE Market-Bound Pentech Aims To Raise RM34.39 Million Via IPO

Computer infrastructure company Pentech Holdings Bhd is expected to raise RM34.39 million in gross proceeds from its initial public offering (IPO) on Bursa Malaysia’s ACE Market, with the listing scheduled for June 15, 2026.

From left: Pentech Holdings Bhd non-independent executive director Tan Hooi Bee, independent non-executive director Lim Guan Chong, independent non-executive chairman Mohamad Hashim Abdul Ghani, managing director and CEO Yeoh Chin Ming, Public Investment Bank Bhd CEO Lee Yo-Hunn, independent non-executive director Lee Kooi Hoon, independent non-executive director See Swee Sie, and non-independent executive director Juleen Teh Sue Leen.

The group said the IPO proceeds will be used to support its business expansion plans and strengthen its capabilities in the computer infrastructure and related technology services segment.

Pentech operates in the computer infrastructure space, providing solutions and services that support digital systems and IT operations for businesses.

The ACE Market listing is expected to enhance the company’s visibility in the capital market while providing additional funds to support its long-term growth strategy.

The listing comes amid continued interest in technology-related IPOs, as companies seek to tap into growing demand for digital infrastructure and enterprise technology solutions in Malaysia and the broader region.

Upon listing, Pentech will join a growing pool of ACE Market companies seeking to expand their footprint and scale up operations through public market fundraising.

Further details on the IPO structure, including share allocation and utilisation breakdown, are expected to be released closer to the listing date.

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