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        <title>Lowyat.NET: Latest topics by shokano</title>
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        <lastBuildDate>Sun, 14 Jun 2026 11:42:58 +0800</lastBuildDate>
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            <title>IPO: ADNEX Group Berhad</title>
            <link>http://forum.lowyat.net/topic/5556358</link>
            <description>Adnex Group Bhd, an interior fit-out firm, is seeking to raise RM26 million for expansion and its shareholders from listing on the ACE Market. Adnex specialises in providing interior fit-out services for commercial and industrial properties, mainly for use as corporate offices, food-and-beverage outlets, and sales galleries.&lt;br /&gt;&lt;br /&gt;The company, based in Shah Alam, Selangor, has an unbilled order book of RM66 million. About half of the orders from the past two years came from recurring customers, of which 90% are US and European multinational companies.&lt;br /&gt;&lt;br /&gt;Market: ACE&lt;br /&gt;Principal Adviser: Public Investment Bank&lt;br /&gt;Shariah Status: Yes&lt;br /&gt;Listing Price: 0.20&lt;br /&gt;MITI allocation: Yes&lt;br /&gt;Opening of application: 26 Feb 2026&lt;br /&gt;Closing of application: 05 Mar 2026&lt;br /&gt;Balloting of application: 09 Mar 2026&lt;br /&gt;Allotment of IPO shares to successful applicants: 16 Mar 2026&lt;br /&gt;Tentative listing date: 17 Mar 2026</description>
            <author>shokano</author>
            <category>Stock Exchange</category>
            <pubDate>Thu, 26 Feb 2026 14:42:08 +0800</pubDate>
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