ListedACE Market· 0459· Shariah-compliant

SUM Technology IPO

Industrial Products & Services, Industrial Services. Offered at RM0.28 a share, listed on 18 Jun 2026.

Offer price

RM0.28

Shares offered

117.0m

RM33m at offer

Market cap at listing

RM126m

Offer period

20 May 2026 to 4 Jun 2026

Listing date

18 Jun 2026

Principal adviser

Malacca Securities Sdn Bhd

Timeline

Offer opens
20 May 2026
Offer closes
4 Jun 2026
Balloting
Done
Listed
18 Jun 2026

Oversubscription

110.5×

Public applications for 110.5 times the shares on offer, 19,834 applications.

First day of trading

+42.9%

Opened above the offer price, closed +87.5% on day one.

About SUM Technology

Sum Technology Berhad builds and equips specialist controlled rooms called cleanrooms and industrial air-conditioning systems for high-tech factories, data centres, and pharmaceutical plants, mainly in Malaysia and the Philippines.

First-day forecast

CISCOM's forecast for SUM Technology 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.