MyDCD Berhad (MyDCD) launched its prospectus on 26 October 2026 for an initial public offering (IPO) on the ACE Market of Bursa Malaysia. The company designs and installs the mechanical, electrical, plumbing and fire protection (MEPF) systems inside data centres, a business that has grown with the wave of data-centre construction in Malaysia. This guide sets out the offer, the key dates, how the money will be used, the company’s latest results and what to read in the prospectus before applying.
What Are the Key Details of the MyDCD IPO?
| Item | Detail |
|---|---|
| Company | MyDCD Berhad |
| Market | ACE Market, Bursa Malaysia |
| IPO price | RM0.56 (56 sen) per share |
| Public issue (new shares) | 335 million shares, raising RM187.6 million for the company |
| Offer for sale (existing shares) | 145 million shares, raising RM81.2 million for selling shareholders |
| Total offer | 480 million shares, RM268.8 million |
| Enlarged share capital | 1,794 million shares |
| Market capitalisation at IPO price | About RM1.0 billion (RM1,004.6 million) |
| Price-to-earnings at IPO price | About 15 times, on FY2026 earnings per share of 3.72 sen |
| Principal adviser, sponsor, underwriter and placement agent | TA Securities Holdings |
When Can You Apply for MyDCD IPO Shares?
| Event | Date |
|---|---|
| Applications open | 26 October 2026, 10am |
| Applications close | 2 November 2026, 5pm |
| Balloting | 4 November 2026 |
| Allotment | 12 November 2026 |
| Listing on the ACE Market | 17 November 2026 |
The dates are as announced and can change; the prospectus and Bursa Malaysia announcements are the final reference. You can follow every upcoming Bursa listing on our Malaysia IPO 2026 calendar.
What Does MyDCD Do?
MyDCD is an engineering services company that integrates MEPF systems for critical infrastructure, mainly data centres. Its work covers the systems that keep a data centre running: power distribution, cooling, plumbing and fire protection, from design and installation through testing and commissioning. It also earns maintenance income, which typically starts one to two years after a project is completed.
Its operations are concentrated in the Klang Valley, where it serves enterprise and colocation data centres. Chief executive officer Chris Ow Yong told reporters the company has worked in data centres for about 15 years. He said the adoption of artificial intelligence has raised the demands on data-centre power and cooling systems, which makes this specialised work more important. The company plans to look at other parts of Malaysia after listing and has no immediate plan to expand overseas.
The listing follows the underwriting agreement MyDCD signed with TA Securities earlier in October, which we covered in MyDCD签TA Securities包销协议（中文）.
How Will MyDCD Use the RM187.6 Million Raised?
| Use | Amount | Share |
|---|---|---|
| Working capital, mainly project execution and performance bonds | RM134.0 million | 71.4% |
| Business expansion: hiring, new office space and training | RM39.9 million | 21.3% |
| IT system upgrades | RM5.0 million | 2.7% |
| Listing expenses | RM8.7 million | 4.6% |
| Total | RM187.6 million | 100% |
Only the public issue money goes to the company. The RM81.2 million from the offer for sale goes to the eight existing shareholders who are selling part of their stakes.
How Has MyDCD Performed Financially?
For the financial year ended 30 June 2026, MyDCD’s revenue nearly doubled to about RM666 million and net profit rose almost 70% to RM66.8 million, according to The Edge Malaysia. Spread over the enlarged share capital of 1,794 million shares, that profit equals earnings of 3.72 sen per share, which puts the 56 sen IPO price at about 15 times historical earnings.
As at 30 September 2026 the company had an order book of RM1.32 billion, which it says gives revenue visibility up to 2032. Most of it is MEPF integration work, with a smaller part from maintenance contracts.
What Should You Check Before Applying?
- Customer and location concentration: the business relies on data-centre projects in the Klang Valley, so a slowdown in data-centre building there would affect it directly.
- Project execution and working capital: most of the proceeds go to working capital and performance bonds, which shows how much cash large projects tie up.
- Valuation: compare the price-to-earnings of about 15 times with other listed construction and data-centre engineering companies.
- ACE Market: the ACE Market is for growth companies; its shares can be more volatile and less liquid than Main Market shares.
- The prospectus: read the risk factors, the dividend policy and the full financial statements in the prospectus before deciding.
How Do You Apply for the MyDCD IPO?
You need a CDS account and must apply before 5pm on 2 November 2026. You can apply through internet banking, ATMs of participating banks, or a broker app such as M+ Global. Our step-by-step guide explains each method: how to apply for an IPO in Malaysia. If you are thinking of applying for a larger amount with financing, first understand the costs and risks in our M+ Global IPO financing guide.
When the retail portion is oversubscribed, shares are given out by ballot, so applying early does not improve your chance. If you are not allotted any shares, your application money is refunded.
Frequently Asked Questions
What is the MyDCD IPO price?
The IPO price is 56 sen (RM0.56) per share.
When does the MyDCD IPO close and list?
Applications close at 5pm on 2 November 2026. Balloting is on 4 November and the shares are scheduled to list on the ACE Market on 17 November 2026.
How much is MyDCD raising from its IPO?
The IPO totals RM268.8 million: RM187.6 million for the company from 335 million new shares and RM81.2 million for selling shareholders from 145 million existing shares.
What is MyDCD’s market value at the IPO price?
About RM1.0 billion, based on 1,794 million shares after the listing.
Want help applying for the MyDCD IPO through M+ Global? Open an M+ Global account with invitation code UBZQ or WhatsApp Dexter.
Sources: The Edge Malaysia, The Star, New Straits Times and Bursa Malaysia IPO schedule data.
This article is for information only and is not a recommendation to subscribe to the MyDCD IPO. IPO shares can list below their offer price. Please read the prospectus before applying.
