Eckem Holdings Berhad launched its Initial Public Offering (IPO) prospectus today, paving the way for its upcoming debut on the ACE Market of Bursa Malaysia. The company specializes in industrial chemical solutions and also manufactures rubber products. Through this listing, it aims to raise RM15.00 million to expand its business.

The IPO consists of 125.00 million new shares (20% of the company) and an offer to sell 62.50 million existing shares (10%). Shares are priced at RM0.12 each. The company has a clear plan for the RM15.00 million raised: RM6.00 million will buy a new corporate office, warehouse, and laboratory; RM2.00 million will set up a new rubber manufacturing line; and the remaining RM7.00 million will pay off bank loans, cover listing fees, and fund daily operations.

Executive Director Mr. Tan Khai Jeik (Jack Tan) explained that the listing is a huge milestone. The fresh capital will allow the company to upgrade its facilities, helping it better serve Malaysia's manufacturing sector with custom chemical formulas and technical support. Datuk Bill Tan, Managing Director of M & A Securities, added that Eckem's ability to create custom solutions instead of selling generic products gives it a highly loyal customer base and strong growth potential.

Eckem serves a wide range of factories, compounders, and resellers. While the company exports to major markets like China, Singapore, the UK, and the US, its main focus is right at home. Local operations in Malaysia brought in 94% of its total revenue in the 2025 financial year. With M & A Securities managing the listing as the Principal Adviser and Sponsor, Eckem is officially ready for its next big step.