Kuala Lumpur, 15 October 2025 – Sarawak-based technology solutions provider Insights Analytics Berhad’s (“Insights Analytics” or the “Company”) (“英析集团”) initial public offering (“IPO”) for the public portion has been oversubscribed by 53.62 times.
A total of 14,397 applications seeking 1.50 billion new shares with a value of RM540.72 million were received from the Malaysian public for 27.50 million new shares that were made available for public subscription.
The Bumiputera public portion of shares was oversubscribed by 44.05 times, after a total of 7,161 applications for 619.38 million new shares were received.
For the non-Bumiputera public portion, a total of 7,236 applications for 882.61 million new shares were received, which represents an oversubscription rate of 63.19 times.
Meanwhile, the 11.0 million new shares for its eligible Directors, employees and persons whohave contributed to the success of Insights Analytics Group under the pink form allocations have also been fully subscribed.
In addition, its Placement Agent has confirmed that 82.50 million shares made available for application by way of private placement to Bumiputera investors approved by the Ministry of Investment Trade and Industry (“MITI”) and selected investors have been fully placed out.
“We are deeply encouraged by the overwhelming response to our IPO, achieving an oversubscription rate of 53.62 times within just five working days.
“The resounding success of our IPO is a testament to investors’ trust in Insights Analytics’ vision and technological direction,” said Ts. Frank Wee (黄剑辉), Managing Director of Insights Analytics.
With the IPO funds, we will accelerate our business expansion and focus on creating new IT solutions while enhancing the performance of our existing IT solution services.
This will enable us to play a key role in advancing Malaysia’s digital transformation in water resource management.
We are committed to contributing meaningfully to Sarawak’s smart city initiatives and positioning ourselves as a regional leader in smart utility analytics,” he added.
Under the listing exercise, Insights Analytics aims to raise RM43.56 million from its Public Issue of 121.0 million new shares at an issue price of RM0.36 per share.
The listing also includes an offer for sale of 27.50 million existing shares to Bumiputera investors approved by the MITI by way of Private Placement.
Based on the enlarged share capital of 550.0 million shares, the total market capitalisation of Insights Analytics’ upon its listing would be RM198.0 million.
The Company’s listing on the ACE Market of Bursa Malaysia Securities Berhad is tentatively scheduled for 27 October 2025.
M & A Securities Sdn Bhd (合盈证券私人有限公司) is the Adviser, Sponsor, Underwriter and Placement Agent for the IPO exercise.