EcoSys (Malaysia) Berhad (Bursa Malaysia: ECOSYS, Stock Code: 0477) was officially listed on Bursa Malaysia Securities Berhad's ACE Market today, following the completion of its initial public offering (IPO).

The listing ceremony was held in Kuala Lumpur and attended by Mr. Gan Teck Hooi, Non-Independent Non-Executive Chairperson, Mr. Chan Chee Wei, Managing Director, and representatives of the Group and its advisers.

Listing day

EcoSys shares opened at RM0.70 on the first day of trading, against the IPO price of RM0.27 per share. The shares closed the day at RM0.80.

The IPO

The IPO comprised a public issue of 145.70 million new ordinary shares at RM0.27 per share, raising gross proceeds of approximately RM39.34 million. 

The public portion received strong response from Malaysian investors. A total of 31,734 applications were received for 5.93 billion shares, an overall oversubscription rate of 206.70 times. The shares allocated to Bumiputera investors approved by the Ministry of Investment, Trade and Industry, to eligible persons, and to selected investors via private placement were all fully placed out.

Looking ahead

EcoSys provides industrial solutions to the pan-semiconductor industry through two segments: ultra-high purity (UHP) fabrication of precision engineering components and sub-assembly modules, and the research and development, customisation, assembly, installation, testing, commissioning and maintenance of proprietary abatement systems. Its solutions support semiconductor and solar photovoltaic manufacturing equipment, as well as industrial gas supply systems.

With the listing completed, the Group will focus on expanding its abatement segment, strengthening its UHP fabrication and operational capabilities, and setting up its sales and service centre in India to support customers there more closely.

Mr. Chan Chee Wei, Managing Director of EcoSys, said: “Our listing on the ACE Market reflects the progress we have made in building specialised technical capabilities, proprietary abatement technologies and relationships with customers across the pan-semiconductor industry.”

Thank you

Thank you to the EcoSys team for their hard work throughout the IPO process, and to our customers, partners and suppliers for their continued trust. Thank you also to our shareholders and investors for their confidence in EcoSys, and to M & A Securities Sdn Bhd, our Principal Adviser, Sponsor, Underwriter and Placement Agent, and Eco Asia Capital Advisory Sdn Bhd, our Financial Adviser.

We look forward to continuing to serve the pan-semiconductor industry as a listed company.

Source

• (The Star) EcoSys makes strong debut on ACE Market, 15 Oct 2026

• (The Edge Malaysia) EcoSys more than doubled in first day of listing,14 Oct 2026

• (Bernama) EcoSys Debuts Strongly On ACE Market At 43 Sen Above IPO Price, 14 Oct 2026