KUALA LUMPUR, Dec 16, 2021 - (ACN Newswire via SEAPRWire.com) - Aurelius Technologies Berhad ("ATech" or the "Company"), a provider of electronics manufacturing services ("EMS") for industrial electronic products, was successfully listed on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") at RM1.41 per share, or RM0.05 above the offer price of RM1.36 per share.Thanking the Securities Commission, Bursa Securities, Maybank Investment Bank Berhad and other professionals for their guidance and advice on the initial public offering ("IPO") exercise, Chairman of ATech Datin Normaliza binti Kairon ("Datin Normaliza") said, "I would also like to express my heartfelt gratitude to the investors who have trusted us and have confidence in our business as a leading provider of electronic manufacturing services in Malaysia for manufacturing of industrial electronics products since day one. We are gratified by the response of investors to our listing and we are very pleased with our debut on the Main Market today"."We believe this listing will give us the visibility that we need to leverage the expansion of the business, to retain and attract more customers from across Asia Pacific, the Americas and Europe. We see this listing also giving us the opportunity to realise our future plans and strategies, including expansion and upgrading of our production facilities".The Company is raising RM104.73 million from the IPO exercise. From the proceeds, RM40.0 million would be used for the purchase of new machinery and equipment, RM29.52 million for the repayment of borrowings, RM28.13 million for working capital and RM7.09 million for the listing expenses.Datin Normaliza pledged that ATech will continue creating value through focusing on environmental, social and governance ("ESG") matters. "Besides technology adoption, we also want to create value through focusing on ESG by having sustainable practices. We have since 2004 have had our environmental management system ISO-certified and we endeavour to become the top electronics manufacturing services provider with green credentials".ATech offers a comprehensive range of EMS to multinational corporations across 11 countries covering Asia Pacific, Americas and Europe. These services include engineering support services, prototyping, board assembly, mechanical assembly, testing and labelling for communications and Internet of Things ("IoT"), electronic devices and semiconductor component products used by the transportation, power management, telecommunications and IoT industries.For the financial year ended 31 January 2021, communications and IoT products contributed 89.5% to the Company's revenue, with electronic devices contributing 9.4% and semiconductor components contributing less than 1%. The top three countries by revenue contribution for FYE19 to FYE21 were the USA, Malaysia and Singapore, which collectively accounted for 93.6%, 92.7%, and 89.3% of revenue.Maybank Investment Bank Berhad is the Principal Adviser, Sole Bookrunner and Sole Underwriter.Pictured (from left):- Mr. Loh Hock Chiang, Executive Director and Group Chief Financial Officer- Mr. Lee Chong Yeow, Executive Director and Group Chief Executive Officer- Datin Normaliza Binti Kairon, Chairperson and Independent Non-Executive Director- Dato' Fad'l Mohamed, Chief Executive Officer of Maybank Investment Bank Berhad (https://www.acnnewswire.com/topimg/Low_Aurelius20211216.jpg) Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Dec 16, 2021 - (ACN Newswire via SEAPRWire.com) - Pentamaster Corp Bhd (PENT.MK) ("PCB" or the "Group"), the Malaysia-based parent listed company of Pentamaster International Limited (1665 HK), a semiconductor equipment vendor and automation house, has announced by Bursa Malaysia of its inclusion in the following indices launched by Bursa Malaysia and FTSE Russell. The inclusion will be effective beginning the start of business on December 20, 2021.Launched in December 2014, the FTSE4Good Bursa Malaysia is aimed to:-- Support investors in making Environment, Social and Governance (ESG) investments in Malaysian listed companies;-- Increase the profile and exposure of companies with leading ESG practices;-- Encourage best practice disclosure; and-- Support the transition to a lower carbon and more sustainable economy. In July 2021, Bursa Malaysia and FTSE Russell launched the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index to cater to investor demand for ESG and Shariah-compliant index solutions. The F4GBMS index is designed to track constituents in the F4GBM Index that are Shariah-compliant.ESG initiatives has been a priority for Pentamaster Group in aligning with its corporate strategy. The Group has implemented proactive measures to pursue sustainable development in the following areas: Good Health and Well-Being, Quality Education, Decent Work and Economic Growth, Industry, Innovation and Infrastructure, Reduced Inequalities, Responsible Consumption and Production, and Climate Action. "We are honored to be included in FTSE4Good Bursa Malaysia and FTSE4Good Bursa Malaysia Shariah Indices, which is a critical recognition of our past endeavors and commitment to promoting ESG standards as a responsible corporate," said Chuah Choon Bin, Executive Chairman of Pentamaster Corp Bhd and Pentamaster International Limited. "Our ongoing effort is to continuously bolster long-term sustainability fostering clean markets and environmental transparency for a greener earth."About Pentamaster GroupPentamaster Group, Pentamaster Corp Bhd (PENT.MK) and its listed subsidiary, Pentamaster International Limited (1665.HK) is a leading global supplier in providing automation technology and solutions to multinational manufacturers mainly in the semiconductor, automotive, electrical & electronics, medical devices and consumer industrial products sectors spanning APAC, North America and Europe. The Group's broad range of integrated automation products and solutions entails innovating, designing, manufacturing, and installing automated equipment and/or automated manufacturing solutions. To learn more about Pentamaster Group, please visit us at www.pentamaster.com.my Pentamaster Group investor.relation@pentamaster.com.myICA Investor Relations (Asia) Limitedpentamaster@icaasia.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
KUALA LUMPUR, Apr 23, 2021 - (ACN Newswire via SEAPRWire.com) - Central Global Berhad's ("CGB") proposed private placement of up to 18 million new ordinary shares has been approved by Bursa Malaysia Securities Berhad ("Bursa Securities").CGB executive chairman Dato' Faisal ZelmanCGB is a manufacturer of specialised industrial tapes and label stocks that pioneered industrial hi-temp masking tapes manufacturing and is a one-stop solution provider for crepe paper masking. The Group's other business is construction, where it recently won a subcontract valued at RM100.54 million to upgrade water supply infrastructure in Lahad Datu, Sabah.A letter from Bursa Securities dated 22 April 2021 was received by TA Securities Holdings Berhad ("TA Securities"), the advisor and placement agent for CGB, informing of the approval for the listing and quotation of up to 18 million new ordinary shares to be issued pursuant to the proposed private placement.The proposed private placement is subject to CGB and TA Securities fully complying with the relevant provisions under the Main Market Listing Requirements of the proposed private placement; that CGB and TA Securities inform Bursa Securities upon completion of the proposed private placement; that CGB furnishes Bursa Securities with a written confirmation of the Group's compliance with the terms and conditions of Bursa Securities' approval once the proposed private placement is completed; and, in the event the proposed private placement is not completed before the next annual general meeting ("AGM"), that CGB furnishes a certified true copy of the resolution passed by shareholders for a general mandate under Sections 75 and 76 of the Companies Act, 2016 at the Group's forthcoming AGM.CGB executive chairman Dato' Faisal Zelman said, "We are glad for the approval as we have plans in the pipeline to expand our manufacturing and construction businesses. We need new machinery that is more efficient and cost-effective for our manufacturing operations and we will use part of the proceeds to fund a construction project in Pulau Pinang.""As we have plans beyond the immediate ones for both the manufacturing and construction businesses, we are also allocating a portion of the proceeds for future growth as well as having a portion for working capital purposes."For more information, please contact:Hakim JuraimiTel: +60 12-318 5410Email: h.juraimi@swanconsultancy.biz Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)


