By: Rosli Mansor Ahmad Razali
IPOH: Kee Ming Group Berhad is set to enter the ACE Market of Bursa Malaysia, with the launch of its prospectus marking a significant step towards sustainable growth and promising investment opportunities.
The Initial Public Offering (IPO) involves 66.63 million new shares and 16.25 million existing shares, targeting a total of RM25.32 million to strengthen working capital, fund future projects, expand the team, and implement an ERP system.
The move will allow Kee Ming to expand its project scope across the industrial, commercial, residential, and clean energy sectors.
With over 13 years of experience, the company provides electrical engineering services across HV, MV, LV, and ELV systems, ACMV systems, fire protection, as well as solar PV and EV charging solutions, in line with Malaysia’s green energy transition.
According to the Independent Market Research (IMR) Report, the local M&E market is projected to grow from RM7.89 billion in 2023 to RM16.82 billion by 2029, driven by industrial development, ongoing data centre investments, and the shift to clean energy. Kee Ming is strategically positioned to capitalise on this market demand.
Applications for the IPO are open until January 27, 2026, with the listing scheduled for February 12, 2026. Once listed, Kee Ming is expected to achieve a market capitalisation of RM123.50 million at the issue price of RM0.38 per share.
This move underscores Kee Ming’s role as a driver of engineering innovation, contributor of high-skilled talent, and catalyst for sustainable industrial development in Perak, while offering quality investment opportunities to Malaysians.
