Impact Capital ACE Market IPO: RM27.6m Raise at 22 Sen

What Is the Impact Capital ACE Market IPO?

Impact Capital Holdings Bhd is a technology firm headquartered in Kuching, Sarawak. It integrates technology equipment and systems for infrastructure.

Its work covers telecommunications infrastructure, enterprise networks, data centres and security systems. Customers include government agencies, utilities, financial and merchant service firms, internet technology companies and other corporates.

How Much Is the Impact Capital IPO Raising at 22 Sen?

The ACE Market listing raises RM27.6 million for the company and its shareholders. The IPO is priced at 22 sen per share, according to the prospectus.

The company receives RM21.3 million from new shares, about 77% of the total. Selling shareholders take the remaining RM6.3 million, about 23%, from the offer for sale of existing shares.

Winston Chai Fung Chun (managing director) and Kok Teck Kuan (executive director) are both co-founders. Each is putting up part of their existing shares for sale.

Where Will the RM21.3 Million Go?

• RM4.7 million: new offices in Klang Valley and Johor Bahru to broaden customer engagement beyond East Malaysia, plus relocating the existing Bintulu and Kota Kinabalu offices
• RM4.5 million: workforce expansion and business development
• RM2.1 million: a “digital innovation and solutions centre” in Klang Valley
• Remainder (about RM10.0 million): working capital and listing expenses. The report does not split this amount.

The three named expansion items total RM11.3 million, more than half of the company’s RM21.3 million. Shareholders will want to track how quickly the Johor Bahru office and the digital centre turn into revenue.

When Do Applications Close and When Does Impact Capital List?

Applications for the IPO close on Nov 6. Listing is scheduled for Nov 24.

Public Investment Bank Bhd is the principal adviser, sponsor, sole underwriter and sole placement agent. The report gives no oversubscription figure, share count or stock code yet.

What Does the RM169.9 Million Order Book Mean for Shareholders?

Outstanding jobs on hand at the end of September totalled RM169.9 million. That is about 6.2 times the RM27.6 million raised in this IPO.

These jobs will generate revenue up to the fiscal year ending June 2030. The order book gives shareholders a multi-year revenue view that the report quantifies.

The article gives no revenue, profit, EPS or peer valuation figures. Check the prospectus before comparing the 22 sen offer price with listed peers. Founders selling part of their stake alongside the new share issue is also worth weighing.

How to Apply for the Impact Capital IPO via M+ Global

• Online applications need a direct CDS account in your own name.
• Apply through the M+ Global app using Invitation Code UBZQ. Read more in IPO Investing with M+ Global.
• Submit only one application per IPO. Multiple applications are an offence under the Capital Markets and Services Act 2007.
• If the IPO is oversubscribed, retail portions are balloted.
• For assistance, WhatsApp +60169059789.

If you do not yet have a CDS account, review the options in Trading Account Types in Malaysia before the Nov 6 close.

Key Takeaways

• Impact Capital ACE Market IPO: 22 sen per share, RM27.6 million total.
• RM21.3 million goes to the company; RM6.3 million goes to selling shareholders.
• Applications close Nov 6; listing is scheduled for Nov 24.
• The RM169.9 million order book runs up to the fiscal year ending June 2030.
• Stocks to monitor: Impact Capital, once its stock code is confirmed.

This article is general information, not investment advice. Do your own research and read the full prospectus before applying.

Frequently Asked Questions

What is the offer price of the Impact Capital ACE Market IPO?

The IPO is priced at 22 sen per share, according to its prospectus. The offer raises RM27.6 million in total, split between new shares and existing shares.

When do applications close and when is Impact Capital listing?

Applications close on Nov 6. Listing is scheduled for Nov 24.

How much of the Impact Capital IPO money goes to the company?

The company receives RM21.3 million from new shares. Selling shareholders receive the remaining RM6.3 million from the offer for sale.

Who is underwriting the Impact Capital IPO?

Public Investment Bank Bhd is the principal adviser, sponsor, sole underwriter and sole placement agent for the IPO.

Source: View Original Article — The content is based on the original publisher. Refer to the original content for accurate info. Contact us for any changes.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.

Want to invest in Bursa Malaysia or US markets? Contact Dexter Chia, an AI Driven Remisier who has 2,200+ clients at Malacca Securities Sdn Bhd (M+ Global). M+ Global Invitation Code: UBZQ | WhatsApp: +60169059789 | Why Choose Dexter?