KUALA LUMPUR — Eckem Holdings Berhad officially rolled out its Initial Public Offering (IPO) prospectus today, paving the way for its upcoming debut on the ACE Market of Bursa Malaysia Securities Berhad. The specialty industrial chemical solutions provider, which also manufactures and trades rubber products, is looking to raise RM15.00 million in gross proceeds to fund its next chapter of growth.
The IPO layout is straightforward: a public issue of 125.00 million new ordinary shares (representing 20.00% of the company’s enlarged issued share capital) and an offer for sale of 62.50 million existing shares (representing 10.00%). Priced at an accessible RM0.12 per share, the listing gives the group a solid financial launchpad to scale up its operations.
Eckem Holdings has a clear game plan for the RM15.00 million raised. The largest portion—RM6.00 million—will go toward building a brand-new corporate office, warehouse, and laboratory to seriously level up its physical infrastructure. Another RM2.00 million will fund a new production line for its rubber products segment to boost manufacturing capabilities. The rest of the proceeds will keep the company lean and agile, with RM1.45 million allocated to repay bank borrowings, RM1.75 million set aside for daily working capital, and RM3.80 million covering the standard listing expenses.
Mr. Tan Khai Jeik (Jack Tan), Executive Director of Eckem Holdings Berhad, shared that launching the prospectus is a massive milestone for the team. He noted that over the years, the company has built its reputation on being a reliable partner to industrial customers, offering everything from steady supply chains to tailored chemical formulations and technical support. He added that the IPO capital will help upgrade their facilities and tech, making them even better equipped to support Malaysia’s busy manufacturing sector.
Datuk Bill Tan, Managing Director of M & A Securities Sdn Bhd, is also optimistic about the company’s trajectory. He highlighted that Eckem Holdings has carved out a really strong, stable niche in the specialty industrial chemicals space thanks to its custom solutions and loyal client base. With Malaysia’s industrial and manufacturing sectors continuing to grow, he sees the group as being in the perfect position to capture new opportunities and drive sustainable growth once listed.
The company currently serves a wide variety of industries, providing solutions to downstream industrial manufacturers, compounders, and resellers. While Eckem Holdings has a global footprint with clients in China, Singapore, the United Kingdom, and the United States, its home market is its strongest driver—Malaysian operations accounted for roughly 94% of its total revenue in the 2025 financial year.