Aug 2024

value

RM 208 million

EPB Group Berhad (“EPB”) made a successful debut on the ACE Market of Bursa Malaysia Securities Berhad on 23 August 2024.

EPB is principally involved in the provision of food processing and packaging machinery solutions, trading of cellulose casings and manufacturing and trading of flexible packaging material.

Market capitalisation upon listing was RM208 million, with the IPO's public tranche oversubscribed by 61 times and shares climbing 16% on the trading debut.

The company raised RM40 million through the public issuance of new shares and RM22 million through the offer for sale at RM0.56 each, with strong interest from both institutional and retail investors.

WYNCORP was appointed as the Corporate Finance Adviser for the IPO, assisting EPB in executing its strategic capital-raising plan and IPO journey.