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Cleanroom and other facility services provider, iCents Group Holdings Berhad (“iCents Group”) has successfully launched its prospectus today in conjunction with its initial public offering (“IPO”) exercise and listing on the ACE Market of Bursa Malaysia Securities Berhad (“Listing”) (“Bursa Securities”). iCents Group, through its subsidiaries (collectively, the “Group”), is principally involved in the provision of cleanroom services, covering engineering, procurement, construction, and testing and commissioning (“EPCC”) of cleanrooms. The Group also manufactures cleanroom fixtures and related products. In addition to its cleanroom expertise, the Group provides a range of other facility services, including the hook-up of machinery and equipment, supply and installation of heavy-duty ceiling systems, construction services, and maintenance services for other facilities. The Group’s services cater to highly technical industries including but not limited to, semiconductor and electronics, data centres, life sciences, and pharmaceutical product manufacturing. Managing Director of iCents Group, Ir. Ts. Vincent Ong Mum Fei said, “The launch of our prospectus today marks a significant milestone for iCents Group, underscoring our commitment to growth and excellence. With a decade of experience and a proven track record in delivering cleanroom projects for several multinational corporations, we are ready to embark into a new phase of our growth journey and strengthen our market presence. The IPO proceeds will support key initiatives towards our business expansion plans including the purchase of machinery and equipment to enhance our in-house manufacturing capabilities, strengthening and expanding our presence across foreign geographical markets such as Indonesia, Singapore, and Sarawak, as well as the funding for working capital requirements.” Executive Director of iCents Group, Mr. Foo Siang Leng said, “We are confident in the long-term prospects of iCents Group. Growth and investment in data centres, and high-growth, high-value industries such as electronics and electrical (“E&E”), pharmaceutical and others will continue to drive demand for cleanroom services, which play a critical role in ensuring product integrity and process reliability in sensitive manufacturing operations. Malaysia is accelerating its efforts to transform its industrial landscape and attract high-value investments, through initiatives such as the New Industrial Master Plan 2030 and the RM25 billion National Semiconductor Strategy. With growing demand across these industries, we believe our integrated capabilities position us strongly to grow alongside the nation’s technology driven ambitions”. As at 5 June 2025, the Group recorded an unbilled order book of RM93.21 million, comprising RM53.53 million from the Group’s cleanroom services segment and RM39.68 million from the Group’s other facility services segment. The expected RM27.00 million IPO proceeds to be raised are set to be utilised in the following manner: Utilisation of IPO Proceeds RM’000 % Purchase of machinery and equipment 4,675 17.31 Business expansion 3,022 11.19 Product development 1,715 6.35 Marketing activities 1,500 5.56 Working capital 12,088 44.77 Estimated listing expenses 4,000 14.82 Total 27,000 100.00 iCents Group’s IPO exercise encompasses a public issuance of 112.50 million new ordinary shares (“Issue Shares”), representing approximately 22.50% of its enlarged issued share capital upon Listing, as well as an offer for sale of 30.00 million existing shares (“Offer Shares”), representing approximately 6.00% of its enlarged issued share capital. Out of the Public Issue of 112.50 million Issue Shares, 25.00 million Issue Shares will be made available to the Malaysian public via balloting; 10.00 million Issue Shares will be made available to its eligible directors, employees and persons who have contributed to the success of the Group; 15.00 million Issue Shares will be made available by way of private placement to selected investors, while the remaining 62.50 million Issue Shares will be made available by way of private placement to Bumiputera investors approved by the Ministry of Investment, Trade and Industry. Additionally, all 30.00 million Offer Shares to be offered for sale, will be offered to selected investors by way of private placement. In terms of financial performance, the Group’s revenue increased from RM55.78 million in the financial year ended 30 June 2022 (“FYE 2022”) to RM80.70 million in the financial year ended 30 June 2024 (“FYE 2024”). Over the same period, the Group’s profit after tax (“PAT”) rose from RM2.90 million to RM7.02 million, representing a compound annual growth rate of 55.57%. For the six-month financial period ended 31 December 2024 (“FPE 2025”), the Group recorded a revenue of RM43.93 million and PAT of RM5.03 million. iCents Group will have a market capitalisation of RM120.00 million upon Listing based on an enlarged issued share capital of 500.00 million shares and an IPO price of RM0.24 per Share. Following the prospectus launch, applications for the public issue are open from today and will be closed on 2 July 2025 at 5:00 pm. The Group is scheduled to be listed on the ACE Market of Bursa Securities on 17 July 2025. Alliance Islamic Bank Berhad is the Principal Adviser, Sponsor, Sole Underwriter, and Placement Agent for the IPO exercise.

Sunway Sanctuary, the nation’s premier senior living residence today marked its second anniversary with a unique, one-night media sleepover that also served to highlight the company’s innovative offerings, award-winning achievements and its ceaseless commitment to enhancing senior living. The event brought to life significant milestones realised within just two years as Sunway Sanctuary looks to scale up its mission to promote proactive ageing and reinvent retirement living. The residence has witnessed continuous growth as a trusted choice for vibrant, holistic senior living as evidenced by an increase in occupancy rate from 30% in 2024 to 50% in 2025 across 235 rooms. Sunway Sanctuary also unveiled wellness-based individual programmes, which include a Post-Cardiac Recovery package for patients recovering from a heart surgery for rehabilitation purposes and to ensure residents receive dedicated support as they transition from hospital to home. The Advanced Assisted Care package, meanwhile,comprises various levels of nursing care with options to have upgraded facilities as well as personalised, one-to-one attention. The residence is also expanding its health tourism solutions by offering stay packages with wellness screenings in partnership with Sunway Medical Centre, for international guests. Dr. Khoo Chow Huat, Managing Director, Hospital & Healthcare Operations of Sunway Healthcare Group said: “The expansion of specialised care packages and rehabilitation services aligns with our mission to enhance senior wellness and mobility. We are excited to introduce these new offerings to ensure holistic healthcare solutions for our residents.” To underline its commitment to integrated healthcare solutions for seniors, Sunway Sanctuary has collaborated with Sunway Home Healthcare to station a full-time physician to provide residents with seamless access to medical consultation, routine screenings and preventive care within the premises. The event also witnessed the launch of a new rehabilitation facility at the Wellness Centre, equipped with senior-friendly technology to enhance mobility and independence. The facility features smart, air-resistance HUR machines used for strength training and exercises that improve strength, balance and mobility, supporting seniors in regaining confidence and independence in daily life. The machines are digitally-controlled to allow therapists to customise and track exercise and rehabilitation sessions. These safe, adjustable devices are easy on aging joints, facilitating low impact movement even for those with limited strength. Other facility services consist of pain management sessions, hot/cold therapy, a combination therapy machine with Transcutaneous Electrical Nerves Stimulation (TENS) and ultrasound treatment for physiotherapy purposes, parallel bars, walking aids for safe gait training, as well as InBody analysis to measure sarcopenia (loss of muscle mass and function). As part of its’ commitment to enhancing comfort and care, Sunway Sanctuary has also introduced advanced hardware upgrades, including state-of-the-art electrical mobile beds with convenient over-bed tables coupled with in-room vital signs monitoring service, ensuring residents’ well-being is always a priority. To further elevate the experience, the team proudly unveiled the Signature Floor—a thoughtfully-designed and luxurious space that blends comfort with elegance, offering discerning seniors a premium living option with a touch of everyday warmth. These developments, as well as Sunway Sanctuary’s overarching aim to redefine senior living in Malaysia, saw it recently win its second consecutive Facility of the Year – Active Ageing and inaugural Operator of the Year – Senior Living awards at the 13th Eldercare Innovation Awards 2025 in Singapore. The residence’s leadership in senior living excellence across the Asia-Pacific region was also recognised when it was shortlisted as a finalist in three other categories – Operator of the Year (Active Ageing), Innovation of the Year (Active Ageing on Lifestyle Programme) and Innovation of the Year (Social Engagement). “As we celebrate two years of growth and innovation, Sunway Sanctuary remains committed to redefining senior living with world-class care and hospitality. Our latest enhancements reflect our dedication to providing seniors with a vibrant, enriching lifestyle,” said Mr. Leonard Theng, General Manager of Sunway Sanctuary. As Sunway Sanctuary continues to set new benchmarks in senior living with unparalleled healthcare, hospitality and lifestyle experiences, the anniversary event underscored the residence’s commitment to innovation, excellence and all-inclusive care while simultaneously facilitating an enriching, stimulating environment for active seniors.

KUALA LUMPUR : Global accountancy body ACCA (the Association of Chartered Certified Accountants) has announced a major redesign of its globally recognised ACCA Qualification, marking a significant step in redefining the accountancy profession for a future shaped by AI, sustainability, and business transformation. The newly announced Future ACCA Qualification reflects a transformative shift in the role of accountants—from financial stewards to enablers of sustainable business, ethical leadership, and technological advancement. The redesign recognises the increasing expectation of professional accountants to create long-term value for both business and society, while remaining agile amid global economic uncertainty. The redesigned qualification, to be rolled out from mid-2027, builds on the strengths of the current ACCA Qualification, which is highly regarded among employers, regulators, and learning institutions across Malaysia. Helen Brand, Chief Executive of ACCA, said: “Accountancy is being redefined. Accountants are now expected to lead on sustainability, support digital transformation, and contribute to social value creation. The changes we’re making to the ACCA Qualification reflect this expanded role—and are designed to equip the next generation of professionals with the right blend of skills, ethics and insights needed to succeed.” The changes follow extensive consultation with employers, members, tuition providers and students globally, including input from Malaysian stakeholders. The redesigned structure introduces a fully integrated learning and assessment model across all three levels of the qualification, with content shaped around real-world employability, business relevance, and future-readiness. Key enhancements include: Employability Modules at every level, offering simulated work experience in areas such as digital technology, ethics, sustainability, and business leadership AI-powered learning journeys and personalised digital mentoring tools to support individual progression A new Data Science Professional exam option at the Strategic Professional level Enhanced awards and designations recognise achievement and allow students to demonstrate their skills to employers at every stage of their ACCA journey Reza Ali, ACCA Director of Innovation in Learning and Assessment, added: ‘The ACCA Qualification has always been the gold standard, globally recognised and highly valued by employers in Malaysia. It will remain as rigorous, relevant, and future-focused as ever, with an even sharper focus on employability. ‘The redesigned qualification comes together as a unified experience at each of its three levels with learning guidance and support, assessments, employability support, and help to develop skills. Students will benefit from tailored learning journeys supported by AI technology and a digital mentor.’ Malaysian students currently pursuing the ACCA Qualification will undergo a smooth and fully supported transition. All completed achievements will be recognised, with no disadvantage in terms of progression or additional costs under the new structure. Through a collaboration with the University of London, ACCA students will continue to have the opportunity to earn a globally respected BSc (Hons) in Professional Accountancy alongside their professional studies. In line with ACCA’s long-standing commitment to inclusion and opportunity, the refreshed Foundations in Accountancy route will continue to offer a flexible entry point for individuals without prior academic qualifications. For more information on the Future ACCA Qualification, visit https://www.accaglobal.com/my/en.html.

Uni Wall Aps Holdings Bhd has announced that its wholly-owned subsidiary, Uni Wall Facade Sdn Bhd, has been awarded a contract valued at RM89.64 million for facade works at Pavilion Damansara Heights. According to a filing with Bursa Malaysia, the award was granted by BUCG (M) Sdn Bhd. The scope of the contract includes the design, supply, fabrication and installation of facade elements, specifically aluminium and glass works. The project is scheduled to commence on 15 April 2025 and is expected to be completed within a 40-month timeframe. Uni Wall stated that the contract is anticipated to contribute positively to the group’s earnings throughout its duration. The company also confirmed that the project will not affect its share capital or the shareholdings of its major shareholders. -Bernama

United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has successfully priced a RM750 million issuance under its existing RM5 billion Sukuk Wakalah Programme, marking a significant development in its funding strategy and reinforcing investor confidence in its long-term prospects. In an official statement, the bank confirmed that the Basel III-compliant Tier 2 subordinated Islamic medium-term notes (Tier 2 Sukuk Wakalah) were priced on 19 June at a profit rate of 3.85% per annum. This reflects a 36 basis point spread over the seven-year Malaysian Government Securities (MGS) benchmark. The sukuk, which carries an AA1 rating by RAM Ratings, is scheduled for issuance on 3 July 2025 and will mature on 3 July 2037. An optional redemption date has been set for 2 July 2032. Initially targeting RM500 million, the offering was upsized to RM750 million in response to robust demand from a broad base of more than 20 institutional investors. The investor mix included insurance companies, fund managers, government-linked investment entities, as well as domestic and international banks and private banking institutions. Ng Wei Wei, Chief Executive Officer of UOB Malaysia, stated that the upsizing of the sukuk issuance underscores market confidence in the bank’s credit fundamentals and strategic direction. “This transaction also demonstrates the depth and maturity of Malaysia’s Islamic debt capital market, which continues to draw strong interest from a wide range of quality investors,” she said. “It reflects both the resilience of the country’s financial ecosystem and the strength of its economic fundamentals.” UOB Malaysia and CIMB Investment Bank acted as joint lead managers for the issuance. -The Edge