ListedACE Market· 0370· Shariah-compliant

Express Powerr Solutions (M) IPO

Industrial Products & Services, Industrial Services. Offered at RM0.20 a share, listed on 24 Sept 2025.

Offer price

RM0.20

Shares offered

245.4m

RM49m at offer

Market cap at listing

RM187m

Offer period

20 Aug 2025 to 8 Sept 2025

Listing date

24 Sept 2025

Principal adviser

Mercury Securities Sdn Bhd

Timeline

Offer opens
20 Aug 2025
Offer closes
8 Sept 2025
Balloting
Done
Listed
24 Sept 2025

Oversubscription

13.6×

Public applications for 13.6 times the shares on offer, 8,338 applications.

First day of trading

+7.5%

Opened above the offer price, closed +12.5% on day one.

About Express Powerr Solutions (M)

Express Powerr Solutions provides generator rental services in Malaysia, covering emergency, planned-maintenance, and standby use cases, together with ancillary equipment such as distribution boards, transformers and switchgear.

First-day forecast

CISCOM's forecast for Express Powerr Solutions (M) is available to Pro members.

Every IPO gets a projected first-day range and a probability of opening above the offer price, built from the most similar past listings on Bursa Malaysia. Across 246 IPOs in the walk-forward back-test, the model called the first-day direction right 74% of the time. Educational estimates, not investment advice.

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Facts on this page come from Bursa Malaysia announcements, the prospectus and issuing-house press releases, and can change. CISCOM is an educational service and does not provide investment advice. Past performance does not guarantee future results. Consult a licensed adviser before investing.