Are you ready to seize a promising investment opportunity? Techstore Berhad, a trailblazer in Malaysia’s security, communication, and automation landscape, is set to debut on Bursa Malaysia.
This IPO represents a gateway to join a fast-growing company with a vision for transforming industries and driving local innovation globally.
Techstore Berhad IPO DetailsTechstore Berhad aims to raise up to RM30 million via this public issue, offering 125 million new shares and 25 million existing shares. The allocation of proceeds includes:
- RM11.5 million for working capital to support future growth.
- RM5 million to partially repay bank borrowings totaling RM33.4 million.
- Funds earmarked for recruiting top business development talent, capital expenditure, and defraying listing expenses.
This strategic funding initiative positions Techstore Berhad for sustained expansion and leadership in delivering state-of-the-art control rooms, intelligent monitoring systems, and tailored automation solutions.
About Techstore Berhad
Founded in 2011, Techstore Malaysia Sdn Bhd started as a local disruptor in the technology sector and has since grown into a key regional player. Here are some highlights of their journey:
- Pioneered innovative control room and monitoring system solutions tailored for industries such as public transportation, banking, utilities, hospitality, and security.
- Acquired SeeTec Asia Sdn Bhd in 2024 to form TechStore Group, further enhancing their capabilities in middleware and integration interfaces for video management systems.
- Gained recognition for delivering large-scale national projects, setting benchmarks for innovation and quality in Malaysia.
- Embarking on a mission to expand their reach to emerging markets worldwide.
This IPO provides an opportunity to be part of Techstore’s transformative journey, leveraging their robust foundation and strong growth potential.
Why Invest in Techstore Berhad?
- Strong Market Presence: Techstore’s proven track record in delivering advanced solutions positions them as a leader in the technology sector.
- Innovation-Driven: With a focus on local talent and cutting-edge technology, the company’s solutions are not only innovative but also cost-efficient.
- Strategic Growth: The acquisition of SeeTec Asia reinforces their capacity to handle complex projects, reducing reliance on imports while enhancing value.
- Expanding Horizons: With plans to export Malaysian expertise globally, the potential for long-term growth is immense.
How to Apply for Techstore Berhad IPO with M+ Global ?
Getting started is easy. Follow these steps to secure your stake in Techstore Berhad:
- Sign Up on M+ Global APP: Use Invitation Code: UBZQ during the registration process to unlock exclusive benefits.
- Fund Your Account: Ensure your account is ready to subscribe to IPOs.
- Apply for Techstore IPO: Once your account is funded, apply for the Techstore Berhad IPO directly through the platform.
